Energy Storage, Robotics, and Space Kick Into High Gear – InvestorPlace

Posted: October 15, 2022 at 4:57 pm

In this weeks episode, we check in on some of our No. 1 picks. Our Big Three climate tech, space, and robotics remain our favorite sectors for 2023. In fact, if we were bullish on climate tech before, were ultra-bullish now.

While the summers skyrocketing gas prices are finally normalizing, OPEC+ is threatening to cut production and push energy costs higher again! Consequently, an OPEC+ production cut could inspire governments, businesses, and consumers across North America and Europe to hastily adopt alternative energy sources.

Indeed, there will be a massive shift toward clean energy adoption. That will provide enormous investment opportunities in solar, hydrogen, and battery energy storage (ESS) stocks. Thats especially true for energy storage.

Of course, there have been some developments in the robotics space that make us bullish as well. Tesla (TSLA) introduced its Optimus bot a few weeks ago. It isnt super-impressive, but it shows that the tech titan is all-in on robotics. And its not the only Big Tech company betting on automation. Amazon (AMZN) is automating its warehouses, buying robotics companies, creating at-home bots to monitor security This revolution has kicked into high gear, folks.

Speaking of spaces were excited about the space economy is expanding! Many of the space-tech companies were following are hitting milestone after milestone. Business and demand appears to be very strong.

Stay long and strong on the Big Three!

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

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Energy Storage, Robotics, and Space Kick Into High Gear - InvestorPlace

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