As I recently lamented in an article on Cummins (CMI), U.S. investors don't let quality heavy machinery/industrial names like Cummins or Caterpillar (CAT) linger long in value territory. This leaves investors with a few choices - pony up and pay current prices (even if the risk/return tradeoff isn't great), avoid the sector altogether, or go shopping for less traditional names. I'm a fan of that last approach, and just as I think Atlas Copco (ATLKY.PK) is a solid industrial name overlooked because of its thinly-traded ADR listing in the U.S., Komatsu (KMTUY.PK) looks like a name at least worthy of further discussion.
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Is Komatsu A Better Way To Play The Eventual Heavy Machinery Rebound?