These types of companies are hot share tickets -- according to covering analysts counted up by the latest Zacks Industry Ranks. This 7-company strong Zacks industry currently placed at #23 out of 265; an industry rank lifted +80 spots in the last week alone. There have been 6 positive EPS estimate revisions and 4 negative revisions over the last week alone. What about Bullish share price momentum reflected in technicals? These say the same thing. You want to look to invest in these companies for the long haul.

What does an industrial robot do, really? Fear not. The machine doesn’t do everything, acting like a humanoid, such as R2D2 or C3PO. An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable, and capable of movement on two or more axes.

Here is a list of what industrial robots actually do —

·      Welding, 

·      Painting, 

·      Assembly, 

·      Pick and place for printed circuit boards, 

·      Packaging and labeling, 

·      Palletizing, 

·      Product inspection and testing; 

The listed tasks get accomplished with high endurance, speed, and precision. Those are key benefits in manufacturing processes. Industrial robots really help in materials handling. They can also undertake (albeit simplified) interfaces with actual workers and other robots.