SYM - 3 Things About Symbotic the Smartest Investors Know
2023-11-25 10:19:00 ET
The past several years have been a roller coaster ride for Symbotic (NASDAQ: SYM) investors. The stock launched to much fanfare through a special purpose acquisition company (SPAC) in mid-2022, only to lose more than half its value in the months that followed.
However, excitement surrounding artificial intelligence (AI) and the potential for the company to revolutionize legacy logistics and warehousing solutions have sent the stock skyward, gaining 336% so far this year (as of this writing).
A quick look at the company's process, customer list, and growing opportunity will help illustrate why this stock has so much potential. Here are three things about Symbotic that the smartest investors know.
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3 Things About Symbotic the Smartest Investors Know