5 Cheap Robotics Stocks to Buy Right Now

3. Stryker Corporation (NYSE:SYK)

Stock Upside Potential: 28.02%

Forward P/E: 18.38

Number of Hedge Fund Holders: 81

Stryker Corporation (NYSE:SYK) is one of the cheap robotics stocks to buy right now. On May 26, Stryker Corporation (NYSE:SYK) launched its Pangea Plating System platform in Europe for the treatment of fracture patterns. The launch follows the completion of the first clinical case in Europe.

The Pangea Plating System features non-active implants that provide temporary stabilization of bones or bone fragments. It also features plates and complementary instrumentation that support plate fit, providing surgeons with options for fracture fixation.

The fracture pattern system was developed in collaboration with 26 orthopedic surgeons. It is now part of Stryker’s Pangea portfolio, which incorporates global anatomical data to support plate fixation across patients. Its development underscores the company’s focus and bid in developing solutions that enhance surgical workflow and address evolving needs in trauma care.

Pangea Plating System’s European launch is poised to expand Stryker’s trauma portfolio while underscoring the company’s commitment to supporting fracture fixation in collaboration with orthopedic surgeons worldwide.

In February 2026, Stryker announced the limited release of Mako RPS (Robotic Power System) for Total Knee, a handheld robotic system that combines its robotics and power tool expertise. Compatible with the Triathlon Total Knee System, Mako RPS offers surgeons robotic precision with the familiarity of manual tools, featuring intraoperative planning and an active‑adjustment saw that guides movements in real time.

Building on nearly 20 years of Orthopaedic robotics and over 2 million procedures worldwide, Stryker has expanded the Mako brand to include both Mako SmartRobotics and Mako Handheld Robotics, reinforcing its leadership in advancing patient outcomes.

Stryker Corporation (NYSE:SYK) is a leading global medical technology company that manufactures and supplies innovative surgical equipment, medical devices, and implantable products. Their technologies are used by hospitals and healthcare facilities globally to improve patient outcomes and streamline surgical procedures.