I’m making small investments in the following this week. Some of these are risky considering the current market volatility, but hey, that’s also a good time to make more money.
Are most folks being cautious and just observing or is anyone looking into adding new companies to their portfolio?
The price target is $56.31 and the stock is covered by 14 analysts.
Buy
11
Hold
3
Sell
0
Symbotic Inc. is an automation technology company reimagining the supply chain with its end-to-end, artificial intelligence (AI) powered robotic and software platform. It develops, commercializes, and deploys end-to-end technology solutions that improve supply chain operations. It automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The Symbotic platform is based on an approach to connecting producers of goods to end users in a way that resolves the mismatches of quantity, timing and location that arise between the two, while reducing costs. It utilizes fully autonomous robots, collectively controlled by its AI-enabled system software, to achieve at scale, real world supply chain improvements. It serves various industries: retail grocery, food wholesale and others. It offers FreeMove 3D depth-sensing computer vision system for industrial work cells and all related intellectual property.
