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Companies that make software/robotics for self-checkout and/or fast food automated systems
Posted on 1/18/21 at 11:23 am
Posted on 1/18/21 at 11:23 am
With minimum wage likely increasing and companies realizing over the past year that humans are needed less than thought, I see fast food places and grocery stores transitioning to self-checkout systems much more in the future. What are some companies we could invest in for this?
6
Posted on 1/18/21 at 11:24 am to TDsngumbo
This does seem like a good buy. Anyone know of some good companies?
Posted on 1/18/21 at 11:26 am to TDsngumbo
I suggest Skynet
Posted on 1/18/21 at 11:31 am to TDsngumbo
Posted on 1/18/21 at 11:50 am to tduecen
Posted on 1/18/21 at 11:51 am to TDsngumbo
I would look at companies similar to Capers...ones that make the "smart cart", a system that registers the items in your shopping cart automatically, eliminating the need for time consuming self-checkout registers. IMO, this type system is what most retailers will eventually end up using.
Posted on 1/18/21 at 12:04 pm to TDsngumbo
TER
Owns universal robots
Owns universal robots
Posted on 1/18/21 at 12:04 pm to AUHighPlainsDrifter
capers is 100% the future. Surprised wal mart and sams have nto gone to this with as much as they have been losing to self checkout theft.
Posted on 1/18/21 at 12:07 pm to lsu777
quote:
capers is 100% the future. Su
Capers sure does look like the ticket but unfortunately it is private
What public company options are out there?
Posted on 1/18/21 at 12:21 pm to TDsngumbo
quote:
What are some companies we could invest in for this?
Like some one else said NCR, there's also ROBO, a robotics and automation etf. Even if you didn't want an etf, you could probably look at their portfolio for ideas.
Posted on 1/18/21 at 12:59 pm to SlidellCajun
ARKQ
Posted on 1/18/21 at 5:16 pm to cgrand
quote:
ARKQ
That’s an etf right?
Posted on 1/18/21 at 7:18 pm to cgrand
I know you track them. Do you buy them as well for long term growth?
Posted on 1/18/21 at 9:06 pm to lsu777
quote:
Surprised wal mart and sams have nto gone to this with as much as they have been losing to self checkout theft.
I’d like to read more about this. I always use the self checkout and I’ve never stolen a thing, but I always see a million ways in which it would be so easy to do amd then claim it as a mistake in the unlikely event you were caught.
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