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Why Lantronix, Inc. (LTRX) Is Among the Cheap Robotics Stocks to Invest In Now?


//stocks-investing.news-articles.net/content/202 .. -the-cheap-robotics-stocks-to-invest-in-now.html
Published in Stocks and Investing on Monday, January 13th 2025 at 21:42 GMT by MSN   Print publication without navigation

  • We recently compiled a list of the 10 Cheap Robotics Stocks to Invest In Now. In this article, we are going to take a look at where Lantronix, Inc. (NASDAQ:LTRX) stands against other robotics stocks to buy now.

The article from MSN discusses why Lantronix Inc. (LTRX) is considered one of the more attractive robotics stocks for investment. Lantronix, known for its IoT (Internet of Things) solutions, has seen its stock price decrease by about 30% over the past year, making it appear undervalued. The company provides hardware and software solutions that enable machine-to-machine communication, which is crucial in robotics and automation. Key points include Lantronix's strategic acquisitions like Transition Networks, which has expanded its market reach and product offerings. Despite a revenue dip in the last reported quarter, the company's focus on IoT, edge computing, and smart automation positions it well for future growth, especially as industries increasingly adopt automation. The article suggests that Lantronix's low price-to-earnings ratio, combined with its growth potential in the expanding IoT and robotics sectors, makes it an appealing choice for investors looking for value in tech stocks.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/why-lantronix-inc-ltrx-is-among-the-cheap-robotics-stocks-to-invest-in-now/ar-BB1rn6Xe ]

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