logo-loader
Tech
ROBO Global

ROBO Global sees massive growth in robotics industry in months ahead

ROBO Global President and CIO William Studebaker tells Proactive's Christine Corrado that the creator of the first index that tracks robotics, automation and artificial intelligence (RAAI) stocks says he sees massive growth in the industry.

Studebaker says 80% of the companies the index tracks have reported earnings, and around 65% of the companies beat consensus revenue estimates and more than 75% have beaten on earnings.

Studebaker says this is just the beginning.

Quick facts: ROBO Global

Price: $38.94

Market: NYSE
Market Cap: $2.17 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ROBO Global named herein, including the promotion by the Company of ROBO Global in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

ROBO Global seeing annual growth in last decade of well over 20%

Richard Lightbound, ROBO Global's (NYSE:ROBO) CEO EMEA & Asia, tells Proactive's Andrew Scott the performance of its index, which tracks robotics and AI companies, is up 20% for the year. ''That's pretty phenomenal'', Lightbound days, adding ''that's obviously over a short period of...

on 8/3/19

2 min read