YASKF - FANUC Group - Zelkova Trees And Reasons To Think FY '20 Could Be Better Than Estimates
A Better Story...Maybe?
In my last Seeking Alpha article, I suggested investors long ABB (ABB), such as myself, might consider alternative robotics positions given (my perceived) weakness in ABB’s Robotics and Discrete Automation (“RA”) segment.
Japan’s FANUC Group (OTCPK:FANUY), the largest industrial robots manufacturer in the world whose (July 28) Q1 FY ’20 results sent shares down about (4%), is worth a look in my opinion; although unfamiliar investors should eye the ADR with a long time horizon in mind considering the cyclical nature of the business and high valuation