UiPath (PATH) IPO – The Best Robotic Process Automation Stock?
- Rupam Deb
- Jun 3, 2021
- 1 min read
UiPath
UiPath (PATH), a global leader in robotic process automation (RPA), IPO-ed in April 2021.
Basically, the software robot looks at what you do on your screen, and copies what you do to automate mundane repetitive tasks for you. Many global companies, like Bank of America, Adobe, Crowdstrike, DHL, and General Electric, have already used it for years, saving them tens of millions of dollars of costs annually.
Is it a good company to invest in to tap on the mega trends of AI / machine learning that will revolutionise industries?
In the video below, we discuss what UiPath does, and 7 impressive & 3 alarming things about the RPA software technology company, including our thoughts on its valuation!
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