8 LiDAR Stocks for Investors to Keep on Their Radar

Last month, we started our search for a robotics stock to replace the robotics ETF in our Nanalyze Disruptive Tech Portfolio. Intuitive Surgical (ISRG) stock is undoubtedly the best option for investors interested in the robot-assisted surgery theme, but we’re not yet convinced that’s the robotic automation market with the most potential, though there’s plenty of upside when it comes to the market for minimally invasive surgery. We think the grass could be even greener when it comes to self-driving cars. Yes, yes, we know: It’s one of those emerging technologies we’re always waiting for to emerge, outside of some San Francisco techno-hipster enclave where a few startups are testing robotaxis. That’s why we’re interested in a pick-and-shovel stock that would give real exposure to autonomous vehicles now before the big boom. And that’s why we continue to return to the idea of LiDAR stocks.

So far, though, we’ve steered clear of LiDAR stocks since they started to pop up in the public markets in 2020 by merging with special purpose acquisition companies (SPACs). The frenzy over SPACs has largely subsided, and we’re left with eight LiDAR stocks from which to choo