Fanuc Corporation·Industrials

I stick to a 'Buy' rating for Fanuc Corporation, as my bullish investment case built around the CAPEX uptrend and Physical AI remain valid. FANUY's cumulative $0.3B North American capex in the past few years position it to capture rising automation-related spending by enterprises. The Physical AI trend is gaining traction, with Fanuc's robots garnering interest from trade show attendees.

Shares of Fanuc Corp. (OTCMKTS:FANUY - Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $17.76 and traded as high as $19.55. Fanuc shares last traded at $19.23, with a volume of 287,697 shares trading hands. Fanuc Stock
Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines. It also provides FANUC intelligent edge link and drive systems, an open platform for the manufacturing industry. The company was incorporated in 1950 and is headquartered in Yamanashi, Japan.
Industrials
Industrial - Machinery
9,970
2010-01-05
0.92