FINSUM + Magnifi: Robotics is the Next Big Innovation in Tech

September 9, 2021

With so many tech giants near their peak, it might seem difficult to find growth stocks, but robotics and artificial intelligence might just be the growth stocks that investors are looking for. The biggest ETFs in the space are ARK Autonomous Technology Robotics ETF (ARKQ), Global X Robotics & Artificial intelligence ETF (BOTZ), Robo Global Robotics and Automation Index ETF (ROBO), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). Cathie Wood’s ARKQ has outperformed this year in large part due to a bet on TESLA, but the ROBO ETF has outpaced the SPY over the last 5 years. Intuitive Surgical and Nvidia are the only stocks held by all five ETFs, and Chinese tech underpins most of these ETFs, which could be worrisome as regulation is erratic lately. However, Wall Street sees the highest upside in many of the Chinese companies, with Alibaba Group and Baidu Inc. leading the way with over 60% appreciation anticipated. In the U.S. it’s TuSimple Holdings and PTC Inc. that have the largest consensus upside.

FINSUM + Magnifi: These robotics stocks are some of the best bets to be staples in the Nasdaq over the next decade, and should be part of your momentum portfolio.


Why have 750+ Financial Advisors signed up for Magnifi?

Magnifi enables advisors to easily discover high-impact portfolio optimizations to win new clients and deepen existing relationships. With Magnifi, you can supercharge investment management workflows with artificial intelligence and natural-language search capabilities. Quickly optimize portfolios across fees, risk, return, and other key factors.


Learn more or schedule a demo now.

This blog is sponsored by Magnifi for Advisors. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]

New call-to-action

New call-to-action