The industrial robot cycle
Close to the peak of the cycle, but automotive automation equipment more promising than electronics and P/B low across the board. Estimated reading time: 13 minutes
Disclaimer: Asian Century Stocks uses information sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. You are advised to discuss your investment options with your financial advisers. Consult your financial adviser to understand whether any investment is suitable for your specific needs. From time to time, I may have positions in the securities covered in the articles on this website. This is not a recommendation to buy or sell stocks.
Factory automation stocks are capex proxies. Since factory capex is cyclical, stocks in the sector also tend to be cyclical.
Industrial robots are one of the technologically most advanced segments of industrial automation. The hig…