(A Top Pick Aug 29/18, Down 9%) This robot manufacturer is a leader in the field in Japan. The business is cyclical and he feels the rally is yet to come and sees this as a good time to buy in – especially as the automotive cycle improves.
One of the predominant robot manufacturers globally. An exceptionally well-run company. Historically, they have not had the best corporate governance, in that they just haven’t cared about the shareholders. Communication is getting much better. There are many that think this is an opportune time to invest in a company like this. His valuation still found this to be a little bit too expensive for his liking.
Factory automation equipment. Probably #1 or #2 in robots globally. The issue is their auto exposure. People are concerned about auto exposure. The other issue would be Apple (AAPL-Q). They have significant exposure to the iPhone, because they make the robots that manufacture the metal backing for iPhones. We are now seeing less capital expenditure going on for some of the suppliers to Apple, which has hurt them a little.
Fanuc Corp is a OTC stock, trading under the symbol 6954-TYO on the (). It is usually referred to as or 6954-TYO
In the last year, there was no coverage of Fanuc Corp published on Stockchase.
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In the last year, there was no coverage of Fanuc Corp published on Stockchase.
On 2019-10-25, Fanuc Corp (6954-TYO) stock closed at a price of $21205.