In this video, Motley Fool industrials analyst Blake Bos takes a look at Adept (NASDAQ: ADEP), a robotics company with a dismal five-year performance, which shot up more than 20% today as earnings news showed that the company's turnaround efforts could be working. Blake gives investors a history of the company, discusses why the new management team could be an exciting change, and shows how it stacks up against ABB (ABBN.Y -1.02%), a current industry leader in this space.
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This Robotics Company Is Making a Huge Move
This long-beleaguered robotics company could be making a massive turnaround.
About the Author
Blake Bos has no position in any stocks mentioned, and neither does The Motley Fool. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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