Japan's OMRON (Omron) (OTCPK:OMRNY)
is not likely a household name to many U.S. investors, although I
suppose a sharp-eyed reader might have noticed their name on a blood
pressure or patient monitor machine at the doctor's office.
Nevertheless, Omron is an interesting player in the industrial
automation space, and a company that seems to be focusing on some smart
potential growth drivers that could improve the business in the years to
come.
These shares have already recovered quite
nicely from their lows, and there are some drawbacks to the conglomerate
model that the company pursues. That said, the valuation isn't that bad
and I suppose it is a name worth investigating further if you're
interested in a smaller industrial automation story and/or a company
with significant exposure to Japan and China.
Continue here:
Omron Doing A Lot Of The Right Things
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