In today's video I look at fundamentals and recent news for Quantum-Si (NASDAQ: QSI) and UiPath (NYSE: PATH). ARK Investment has recently purchased these two companies that have strong growth potential as long-term investments. Below I share a few highlights from the video. Both companies have a strong balance sheet with a substantial amount of cash and short-term investments and no debt. A strong balance sheet is essential since both companies are still in the early stages of business. Quantum-Si is a company developing semiconductor chip-based proteomics. Products are expected to be released in 2022, and the company has recently leased a new facility to scale production and expand research and development efforts. UiPath is a company developing software robots to automate numerous tasks for its customers. As of April 30, 2021, UiPath reported over 8,500 customers and 64% year-over-year growth in annual recurring revenue for a total of $653 million. Click the video below for my full thoughts and analysis. *Stock prices used were the closed prices of July 2, 2021. The video was published on July 6, 2021.10 stocks we like better than UiPath Inc.When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and UiPath Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Source