Top 5 best engineering schools in the world
Engineers
don’t only engineer, we are also good at other things as well. Our
natural talent with numbers and quest to be analytical make many of us
primed for success in the stock market. Whether you dabble a little with
some spare cash or consider trading to be your second job, it’s never a
bad idea to watch the market and consider good and bad investments.
While there are many companies you can buy stock in, engineers also
understand engineering and technology companies a little better than
most, which can give us an edge over if we decide to invest.
In order to help you consider which companies to invest in, we’ve
found 5 engineering and technology companies with a general growth
sentiment over the next few years. This means that analysts and the
public believe that all of these engineering and technology companies
will grow in stock price in the long term and often short term. With
that said, this isn’t a recommendation to invest, we purely wanted to
see what cool and interesting engineering and technology companies are
out there to grab some stake in!
iRobot (IRBT)

[Image Source: Coolcaesar/Wikimedia Commons]
iRobot specialized in robotics for both commercial and military
applications. Odds are that many of you have even owned one of their
robots. They manufacture autonomous cleaning robots, famously the Roomba
and other floor cleaners. While this may sound like a niche industry,
their portfolio is fairly diversified within the robotics sector. Home
robots make up about 60% of their revenue whereas military robotics technology covers the remaining 40%. Home
robot sales are expected to grow overseas in China and Latin America in
the coming years and iRobot is moving some of their manufacturing to
cheaper locations.
From a technical standpoint, their stock has seen a 230%
gain in the last year with prices down in last month at the time of
writing. In the short term, the stock price for iRobot isn’t expected to
grow by significant means, but long-term prospects still look good.
IPG Photonics (IPGP)

[Image Source: IPG Photonics]
IPG Photonics owns 70% of the total market for
industrial fiber-optic lasers that cut and weld parts for planes, cars
and electronics. Their fiber lasers are faster, more accurate, and
require less energy than traditional lasers which gives them a one up in
the industry. Demand for laser welding and joining is expected to rise
with automation in the manufacturing sector growing even further. The
company has a low-cost structure compared to competitors because it
builds its own laser diodes and pumps. In the last year, their stock has
gained 187% and 10% in the last month alone. Consensus targets from analysts expect continued rise of the stock this year to about $160 per share.
LAM Research (LRCX)

[Image Source: Lam Research/Wikimedia Commons]
LAM Research has seen significant stock growth in the last year and
is projected to continue on an upward trend. LAM is specifically
involved in the microchip industry, but not in production. They create
the equipment that Samsung and others use to install flash memory on
semiconductors. Their technology is used in the manufacturing of iPhones
to Tesla automobiles. Because flash memory has been a growing
electronic sector, LAM has seen significant growth to keep up with the
need for installing such equipment. Historically, LAM was affected by
the cyclical nature of the semiconductor industry, but now that this
industry seems solid for the future, so too do analysts’ general
consensuses for LAM Research.
Autodesk (ADSK)

[Image Source: Coolcaesar/Wikimedia Commons]
Chances are that if you’re an engineer you have used Autodesk’s
products. The company is specifically a software company that has many
hundred programs in their portfolio. They began in the 1980s as the
original producers of AutoCAD but now have branched out into virtually
every engineering and creative software industry. Their stock has seen 100%
growth in the last year and despite a slight downturn in technology
stocks as of recent, ADSK seems to be back with upward momentum. They
recently appointed a new CEO who continues to drive the software
subscription model of the company. Many have resisted software
subscription models as the transition has taken place in the industry,
but economic trends continue to prove that this model will yield
considerable growth. Autodesk’s stock is considerably tied to the growth
of the engineering and manufacturing sector as a whole as well as the
Silicon Valley technology sector.
Tesla (TSLA)

[Image Source: Wesley Fryer/Flickr]
You’ve probably heard of Tesla and all of the advancements made by
them as of the last few years. Their stock continues to be strong in the
long term but is seeing a short-term decline. Analysts expect continued
decline in the price for the rest of the year, however, long-term
growth predicts over an over 100% rise in the next year
or two. Tesla engages in the production of batteries, luxury and
consumer cars, and now, solar panel roofing. Given the growing trend by
much of the world to shift to electric vehicles and the seeming monopoly
held by Tesla in battery technology, it remains a good long-term
investment.
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