5 Best Robotics Stocks To Buy Now

4. Emerson Electric Co. (NYSE:EMR)

Number of Investors In Q1 2023: 47

Emerson Electric Co. (NYSE:EMR) is an industrial equipment company that serves the needs of the automation industry by providing actuators, control systems, and other products. The firm’s automation technology products won an important contract earlier this year for sustainable chemical production.

As of March 2023, 47 of the 943 hedge funds part of Insider Monkey’s database had bought Emerson Electric Co. (NYSE:EMR)’s shares. The firm’s largest hedge fund investor in our database is Ken Griffin’s Citadel Investment Group with a stake that is worth $371 million.

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