5 Best Robotics Stocks To Buy For 2022

2. Teradyne, Inc. (NASDAQ:TER)

Number of Hedge Fund Holders: 42 

Deutsche Bank analyst Sidney Ho recently raised the price target on Teradyne, Inc. (NASDAQ:TER) stock to $170 from $150 and kept a Buy rating, noting the long-term demand drivers and rising capital intensity of the firm in a bullish analysis. Hedge funds agree with this outlook. New York-based investment firm Alkeon Capital Management is a leading shareholder in Teradyne, Inc. (NASDAQ:TER) with 3.9 million shares worth more than $433 million. 

Teradyne, Inc. (NASDAQ:TER) stock is expected to benefit from the increased spending on 5G technology across the United States over the next few years. The firm makes and sells automatic test equipment used in manufacturing of robotics, 5G devices, and communications infrastructure.