Investment: The robots are coming
Market exposure to the growth in robotics can be obtained in many different ways, but caution is warranted
A little over two years ago I wrote here about trend investing – in particular the opportunities in, and potential of, the robotics sector. Back then I focused on Kuka, a German-listed robotics manufacturer which had had an excellent track record on innovation and product development, a blue-chip investor base, and broad access to the world market for robotics.
Kuka’s shares at that time were trading in the €34 to €36 range, a 22 times multiple...
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