Better Robotics Stock: UiPath or Zebra Technologies
The companies are helping drive increased automation in industrial applications.
Overview
Zebra Technologies (NASDAQ: ZBRA) and UiPath (NYSE: PATH) occupy powerful sweet spots in enterprise technology, acting as the foundational layers for corporate automation and robotics. While Zebra handles physical, on-the-ground hardware and data capture, UiPath automates back-office digital workflows.
These companies benefit from the rising trend toward automation in industry. A RobCo survey of 400 senior business leaders across sectors, including manufacturing, construction, engineering, and healthcare, found that 95% of U.S. industrial firms plan to introduce new automation over the next three years, with more than half currently testing or planning to use robots in production and back-office processes.
Details
Zebra Technologies' stock is up more than 11% this year. Both stocks are trading at around 15 times forward earnings.
Source
Originally published at www.fool.com.