To start with, I think Komatsu (OTCPK:KMTUY)
is one of the better-run heavy machinery companies in the world, and I
think the company's strategy to differentiate itself with technological
innovation (particularly in automation) is a very good move. That said,
the stock has notably lagged Caterpillar (CAT), Joy Global (JOY), Terex (TEX), and Atlas Copco (OTCPK:ATLKY) over the past year, and I don't necessarily think that Komatsu is a great catch-up trade today.
Continue reading here:
Komatsu's Relative Performance Gap May Not Be Unfair
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