FANUC Robotic Manufacturing Assistance JPN future growth

Updated

FANUC FANUC CORPORATION is a Japan-based manufacturing company mainly engaged in the provision of factory automation (FA) machinery. The Company operates in three business segments. The FA segment is engaged in the development, manufacture and sale of FA products, such as computer numeric control (CNC) systems and laser products. The Robot segment is engaged in the development, manufacture, sale of robotic products. The Robot Machine segment is engaged in the development, manufacture, sale of robodrill, roboshot, robocut and robonano products.

* Earnings reporting this week
* Pays 2.9% dividend yield
* Down to 170 from 270 (786fibretracement), full fibretracement 127.50 not likely, and great buy if it does. Steep decline over smart phone order drop off of late also from US-CH trade war.
* High growth market for future bull stock buys
* Biggest growth is in manufacturing for automotive (TSLA, F, EV, etc.) Japanese machine tools typically run 18m cycles, which the stock price was around 168 the beginning of 2017.

Other robotics companies to watch, some medical:
NASDAQ:HOLI NASDAQ:BRKS OTC:MZRTF

Note

Cup & handle watch.

Pokethebear

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