"Thank you again for highlighting the "robot" industry today. Could you please review some "good" robot manufacturing companies?

"I enjoy all your audios, but I thought Eoin's big picture audio last Friday was especially good."

David Fuller's view Thanks for the feedback and a question certain to be of interest to a number of other subscribers.

Several small Californian companies were mentioned in the article posted yesterday. They are worth monitoring but I would look first at the more established firms in this exciting field. Eoin and I reviewed them this morning.

From Japan, Fanuc (weekly & daily) is an industry leader in robotics and has been a stock market outperformer. Note also its factory automation joint venture with General Electric, mentioned in the Bloomberg Description page posted above. Chiyoda Corp (weekly & daily) has one of the most promising chart patterns and also yields 1.63%.

In the US, the widely diversified General Electric (weekly & daily) 3.26% and Honeywell (weekly & daily) 2.52% are also in the field of robotics. GE appears close to a potentially significant upside breakout. Illinois Tool Works (weekly & daily) 2.58% is also widely diversified. It has been a strong relative performer recently and is susceptible to some mean reversion towards the MA. Cadence Design Systems (weekly & daily) produces software for the robotics industry. It too is temporarily overstretched but remains within an overall ranging upward trend.

In Europe, I would consider widely diversified Siemens (weekly & daily) 3.97% and Krones (weekly & daily) 1.49%. There is also the Swiss firm ABB Ltd (weekly & daily) 3.76% which is active in both automation and robotics.