Walmart and 2 Other Innovative Stocks That Are Investing in Automation
Advancements in automation and robotics have led to efficiency improvements, higher-quality jobs, and economic growth. The next stage in automation conjures up fears of job loss. However, many companies are using automation to cut out repetitive tasks -- leading to a higher quality of life and a better experience for their customers.
Trimble (NASDAQ: TRMB), Walmart (NYSE: WMT), and United Parcel Service (NYSE: UPS) are three well-known companies that are investing in automation. Automation is a core function of Trimble's integrated suite of industrial and commercial products. Meanwhile, Walmart and UPS are using automation to improve profit margins. Here's what makes each industrial stock worth a look.
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