From Nasdaq, Inc.:

Symbotic stock (NASDAQ: SYM) had exceptional growth last year, outperforming Nvidia. The company uses proprietary automation systems for warehouses and distribution centers, targeting major retailers such as Walmart, Target, and Albertson’s. Symbotic has generated $1.1 billion in revenue, showing high growth and a positive $209 million in free cash flow. However, with a P/E ratio of 195, the stock may be overvalued. The Motley Fool Stock Advisor team did not include Symbotic in its 10 best stocks to buy now. Investors may want to wait for a potential price downturn before considering this high-flying but expensive stock.



Read more: Is Symbotic Stock a Buy?