Stock's held in, even as the wider Japanese market rolled over. He took some profits from ASML and put them into CAJPY. It's come out with lithography equipment that's cheaper and just as productive as that from ASML.
Canon Inc. - ADR is a American stock, trading under the symbol CAJPY-OTC on the US OTC (CAJPY). It is usually referred to as OTC:CAJPY or CAJPY-OTC
In the last year, 2 stock analysts published opinions about CAJPY-OTC. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canon Inc. - ADR.
Canon Inc. - ADR was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Canon Inc. - ADR.
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.
In the last year, there was no coverage of Canon Inc. - ADR published on Stockchase.
On 2024-10-07, Canon Inc. - ADR (CAJPY-OTC) stock closed at a price of $32.77.
CAJPY is based in Japan, so keep in mind we do not follow it closely. It has strong market share, a strong balance sheet, and good expected earnings growth. Even with good gains this year, valuation is decent at 14X earnings. Its legacy chipmaking machines are seeing very strong demand. We would consider it a decent investment but please not the first line above. We do not know it very well.
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