Is Symbotic Stock a Buy?
Robotics stock Symbotic (NASDAQ: SYM) was a huge winner last year. The stock's 275% run over 12 months exceeds even the performance of Nvidia, the face of the AI craze. Considering that the broader market historically averages 10% annual returns, having a year like Symbotic did is rare.
Surely, the party is over. Investors buying today are chasing. Right? It's easy to let the share price write the narrative, especially after huge gains. But only the numbers can tell investors whether a stock's a good deal. So, let's look under the hood and see whether Symbotic's epic journey has room to run.
Online shopping is so effortless. Just point and click, and it ships. But behind the curtain is a complex machine called the supply chain. Millions of items are stored and managed in warehouses and distribution centers. They must be found, picked, packed, and shipped as efficiently as possible. The system must track every movement in real time to ensure items aren't lost and the next shopper knows what items are in stock.
Source Fool.com
