After losing some value lately, a hammer chart pattern has been formed for Murata Manufacturing (MRAAY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Murata Manufacturing (MRAAY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Robotics stocks are one of the most interesting growth categories in the market. With scientific innovation and technology continually emerging, companies are harnessing the power and ease of automation. In the workforce, employee wages have soared since the onset of the pandemic. Strikes are increasing causing labor force instability. This makes it increasingly attractive for firms to invest in robotics and automation as a potential option to improve operational efficiency. From the factory and