Related posts
Top Smart-Home Stocks to Buy in 2019This summary was created by AI, based on 1 opinions in the last 12 months.
Canon Inc. has recently secured its position as a leader in the innovation space, notably ranking #5 in the new US patents, which underscores its ongoing commitment to technology advancement. The company has developed a patent for nanoimprint lithography, a process designed to stamp intricate designs onto silicon wafers. This method is touted as being more economical compared to existing techniques, thus potentially enhancing Canon's manufacturing efficiency and profitability. With a 12-month price target of $36.50, market analysts see a significant growth opportunity ahead for the company. Investors are also attracted by the stock's yield of 3.4%, making it a compelling option for income-seeking investors. However, analysts' price target sits lower at $27.00, suggesting some caution in the market outlook.
Unfortunately they have had a tough time. Camera division is doing extremely well. Coming out with new cameras. He is scrutinizing it hard. 4.2% dividend is safe. Strong balance sheet. If camera division takes a turn to the worse he would sell.
Canon Inc. is a American stock, trading under the symbol CAJ-N on the New York Stock Exchange (CAJ). It is usually referred to as NYSE:CAJ or CAJ-N
In the last year, there was no coverage of Canon Inc. published on Stockchase.
Canon Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Canon Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Canon Inc. In the last year. It is a trending stock that is worth watching.
On 2025-02-11, Canon Inc. (CAJ-N) stock closed at a price of $31.72.
#5 in new US patents. Patent for nanoimprint lithography, stamping designs on silicon wafers, cheaper than other methods. 12-month price target of $36.50, decent runway. Buy it in Japan or as an ADR. Yield is 3.4%.
(Analysts’ price target is $27.00)