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3 Things About Symbiotic That Smart Investors Know

TheMotleyFool

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3 Things About Symbiotic That Smart Investors Know: https://g.foolcdn.com/editorial/images/748400/warehouse-robots-stocking-boxes.jpg

Symbiotic's (NASDAQ: SYM) stock has more than tripled since it went public by merging with a special purpose acquisition company (SPAC) last June. The maker of automated warehouse robots impressed investors for three reasons:

Symbiotic's revenue rose 136% in fiscal 2022 (which ended in September 2022), and analysts expect its top line to grow at a compound annual growth rate (CAGR) of 61% from 2022 to 2025. Those growth rates are impressive for a stock that trades at just 2x this year's sales -- but smart investors should still keep three lesser-known facts in mind.

Image source: Getty Images.

Source Fool.com

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