The “Best” Robotic Process Automation (RPA) Stocks
“Robots are stealing our jobs,” you’ll hear people say. This blanket statement fails to capture the nuances of robotics and artificial intelligence (AI). If you take a shower after work, you’re probably going to be just fine. The two industries with the least amount of digitization right now are construction and agriculture. Ironically, both industries can’t find competent labor unless they import it from south of the border.
If you take a shower before work, you may be in for a world of hurt. Ideally, you’re the person in the office who automates themselves out of a job so you can climb to the next rung. Robotics process automation (RPA) is what white-collar workers should embrace, not fear. It’s what will allow them to “move on to more value-added activities.” That or you’ll just get canned, but in either case, you can probably hedge any future misfortune by investing in RPA stocks. The first thing we need to do is come up with a list of all publicly traded robotic process automation stocks.
A List of RPA Companies
In order to come up with a universe of RPA companies we should be watching, we can turn to those people whose entire job is to figure out which leaders are emerging. Here are the names to watch according to the MBAs over at Forrester:
