Robotics intelligence company ROBO Global said that the pullback induced by US-China trade war offers a “rare opportunity” to invest in robotics, automation, and artificial intelligence (AI) stocks at a bargain.
US-China trade war intensifies
US stocks plunged this week as the trade war between the U.S. and China intensified. Washington last week raised duties on imported goods from China. In response, China raised tariffs on U.S. goods and imposed other retaliatory measures.
ROBO Global director of research Jeremie Capron said,
“We believe that a resolution to the trade war is likely before the G-20 summit in Osaka at the end of June,”
wrote Capron.
ROBO Global strategic advisor Louis-Vincent Gave commented. He said that both US and China are facing “significant political pressure” to secure a deal.
In a report, Capron wrote:
“President Trump needs to shore up his 2020 chances, while Xi Jinping looks to give his recently revived economy a much-needed boost and to tame critics.
Both sides also stand to lose significantly in the case of a breakdown, which would undoubtedly send the markets in a downspin.”
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According to the report, both sides agreed to back important market-access openings in various sectors. Also to tighten enforcement of intellectual property rights and protections for foreign investors. This is a move, the report said, that will possibly benefit the robotics industry.
Robotics companies stocks rose drastically
The boon in the foreign suppliers of advanced technology is already reflected in the current earnings season.
Capron explained,
“This is because order rates in China began to improve in March, with the upward climb continuing in April following improvements in credit growth early in the year and a raft of better-than-expected macro numbers in the first quarter.”
To track firms focusing on robotics, automation, and AI, ROBO Global came up with the ROBO Global Robotics & Automation Index, the first of its kind in the industry.
According to the report, the world’s largest industrial robot firm FANUC Ltd hit a ‘turning point’ as orders had grown consecutively for the first time in five quarters. Consequently, the stock price surged 23% year to date.
Stock prices for other Japan-based automation and robotics company have increased. Companies like Nachi-Fujikoshi Corp., Omron Corp., and Harmonic Drive Systems, Inc., all rose to 33%-47% year to date.
6 signs you have outgrown your home
Are you thinking of upsizing or leaving your current home for a chic new model?
From running out of some storage space or feeling cramped, here are 6 telltale signs that will certainly convince you for a change in scenery.
- You’re tired of the long queue for the bathroom
Imagine yourself rushing to use the toilet, but only to find another member already in there. How would you feel? It’s frustrating, isn’t it? Then it’s probably time for upsizing.
- You want pets
In case you wish to adopt some fur babies, but your property is unfortunately not accommodating, then it is time to make a decision. Will you still value your current house or will you find a new one to accommodate a new pet buddy?
- You simply want something new
It is so important that you feel at home. But in case you no longer feel comfortable living in the property you’ve been with for quite some time, then probably it’s time to move on. Do it as soon as you get the money and time, and spare yourselves from feeling sorry later on for the missed opportunity.
- Your house or the kind of community you are in does not fit your lifestyle
You probably enjoy entertaining guests, but your house does not have an outdoor area or a spacious kitchen at least. You are in your early 40s, still young and wild, but those in the neighborhood are mostly retirees. You might have kids searching for friends in the street, but all you find around are moms or nanny babysitting.
- There isn’t just enough space
Your house was probably the perfect one when you were just starting as newlyweds. However, as time passed by, you’ve got more kids; you’ve collected more souvenirs, photos and other memorabilia; you’ve learned a new hobby and purchased some tools to complement; or you’re probably now working in corporate and thereby needing a separate wardrobe for your work wear. In short, there are just a lot of things you need to declutter.
- Change in family size
Your family size probably gone from two to five, your dining table now actually looks like a coffee table, and your furry friend now gets the largest room in the house.
Your home is possibly getting cramped as you add a new member or your children returned; you got married or some furry friends or relatives moved in. While you may be sharing a bedroom with your children now, there will eventually come a time when they will want a privacy for themselves. In another case, while you probably got a five-bedroom house, the extra space may no longer needed as your children have all grown up.
There are plenty of reasons to consider leaving your current house for a new one. If it no longer serves its purpose and in meeting your needs, then it is undoubtedly the right time to take the next move – pack your things up and give yourselves a big favor!
