EV's And Robots Offer Powerful New Growth Legs For Nidec

As the company goes from strength to strength, I continue to be impressed by the management team at Nidec (OTCPK:NJDCY) (6594.T). Not only does the company continue to gain share with its core brushless motor technology, but it also continues to expand into complementary businesses and find new opportunities to apply its core capabilities. There are still plenty of opportunities to gain share in existing businesses like appliance motors, but the more exciting opportunities are in areas like electric vehicles and robotics.

I wish Nidec was undiscovered and undervalued, but the shares do already reflect at least some of the exceptional growth potential. I suppose a mid-to-high single-digit annualized expected return isn’t terrible in today’s market, and the shares could still outperform if the company surpasses earnings expectations, but it’s tough to call this a cheap stock today.

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EV's And Robots Offer Powerful New Growth Legs For Nidec