Lorne Steinberg Yamaha Corp YAMCY-5 COMMENT Jun 02, 2015

China is a large market for this company for their musical instruments. They have manufacturing in China, so are getting more and more integrated. As the Chinese emerging market continues to grow, this company will be a big beneficiary of that. Japan still remains as one of the cheapest major markets globally.

Lorne Steinberg

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BUY

Japanese stock for a long-term hold? If he had to buy one Japanese stock, it would be this one. The whole Japanese market, by far, remains the cheapest market. They have room for lots of dividend growth. Lots of free cash flow. (See Top Picks.)

HOLD

Makes musical instruments. Up 20% over the last 12 months, and thriving. Nothing to do with motorbikes.

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Lorne Steinberg Yamaha Corp YAMCY-5 COMMENT Jun 02, 2015

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Yamaha Corp(YAMCY-5)

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