Robotics company Symbotic (NASDAQ: SYM) scored a coup in 2021 when it contracted with Walmart (NYSE: WMT) to automate the retail giant's 42 regional distribution centers. Given Walmart's size, such a deal can change the game for any rising company and significantly benefit its investors.

However, that has not led to Symbotic landing comparable contracts with other companies. In fact, the contract could also become the worst thing that has happened to Symbotic stock. Here's why -- and what it means for investors.

The company's relationship with Walmart goes back to 2017, when it tested Symbotic's technology at a Walmart regional distribution center in Brooksville, Florida.

Continue reading

Source Fool.com