Analyst RecommendationUnable to post the entire article so here's the link. CGY is the third stock (and only Canadian company) recommended. GLTA
https://www.adviceforinvestors.com/news/canadian-stocks/3-technology-stocks-to-buy-2/#gsc.tab=0
3 technology stocks to buy
Margaret Samuel picks three technology stocks to buy in a robotics industry that’s expected to grow by about 11 per cent per year between 2018 and 2026.
Robotics is the analysis, modelling and manufacturing of robots. It is closely related to many engineering disciplines including bioengineering, artificial intelligence and computer science. The use of robotics enabled by artificial intelligence is mushrooming in the consumer and industrial sectors. It is used to do everything from shipping packages to exploring oceans for undiscovered oil deposits.
Some examples of robots are industrial machines, self-driving cars, airborne drones, children’s toys and household appliances. We are more likely to interact with robots as the field of robotics continues to grow, for example in military, healthcare, consumer, automotive, agricultural and industrial applications.
One reason to invest in companies that design or construct robots is the long-term growth potential in robotics. According to the 2020 Global Industrial Robotics Market Analysis, the robotics industry is expected to grow by about 11 per cent per year between 2018 and 2026.
Robots automate our world. But are they worthwhile investments? Investors need to be wary of the risks of intense competition. For early start ups, especially those with relatively few resources and capital, competition can be fierce.
And the other major risk factor associated with robotics stocks is lofty valuations. As investors have become attracted to the robotics industry, demand for these stocks has driven valuations upward. One way to manage this risk is to focus on earnings-generating companies that are able to pay dividends.
In this article we present three dividend-paying stocks that use robotics in defence, healthcare and space.