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Rockwell Automation Inc. (ROK)
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ATS Corporation (ATS)
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Teradyne Inc. (TER)
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ARK Autonomous Technology & Robotics ETF (ARKQ)
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UiPath Inc. Class A (PATH)
Q: I'm interested in purchasing some stocks directly engaged in the IIOT and "industrial automation revolution" happening across many sectors worldwide. I prefer software companies with high TAM, dominant businesses (or the potential to be dominant), profitable, and good management. I understand purchasing the ARKQ ETF is one way to achieve this, but for a .75% fee it seems expensive. Also, I don't like that the fund weights Tesla, Alphabet, and Baidu so heavily. Of the above companies, how would you rank them as long term buys right now? Am I missing any here that you really like?