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  • Jonathan Poyer

Robotics & Automation Winners and Losers in Q4 2023

Q4 2023 saw the S&P 500 Total Return Index return 11.69% and finish the year up +26.29%. For a 3-year period, the Index annualizes 10.00%.

In the Robotics and Automation sector, two companies saw roaring growth in Q4:

  1. Doosan Robotics (454910 KS) -- a leading provider of advanced industrial robots for production process automation (South Korea)

    1. +195 in Q4

  2. Symbotic (SYM) -- an AI-powered, warehouse automation leader

    1. +53% in Q4

Other companies that seem to have performed well in Q4 2023:

  • Procept Biorobotics (PRCT) -- maker of the AQUABEAM advanced, image-guided surgical robotic system for the treatment of BHP

    • +24% in Q4

  • Infineon Technologies (IFX GR)

    • +25% in Q4

  • Intuitive Surgical (ISRG) -- surgical robotic manufacturer

    • +15% in Q4

Some companies that struggled in Q4 2023:

  • Fiscalnote Holdings (NOTE) -- software and data firm whose products help State and Federal government officials better understand the financial impact of a given piece of legislation

    • -45% in Q4

  • Draganfly (DPRO) -- UAV systems

    • -38% in Q4

  • Omnicell (OMCL) -- medication management automation solutions company

    • -16% in Q4

Market volatility has subsided and financial conditions have eased, making the investment environment more conducive for disruptive technology and emerging growth stock investing. Let's hope the growth of stocks in the sector are more productive for a larger swath of the group and provide investment opportunities for investors.

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