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  • Canon: This Forgotten Tech Stock Has Quietly Risen 20% In The Past Year

    Posted on SeekingAlpha.com

    "Summary

    • Canon's share value has risen 20% in the last year and is projected to grow even more.
    • Canon keeps with the changing camera market by leading the mirrorless camera industry as other competitors fall behind.
    • As Japanís economy grows, so will Canon.
    • The stock is a surprising dividend portfolio candidate with a strong yield of 3.89%.

    Canon (NYSE:CAJ) is a multinational corporation headquartered in Tokyo, Japan. It is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment. Canon operates under three industry segments: Imaging Systems Business Unit, Office Business Unit, and the Industry and Others Business Unit, and is an industry leader in all three. At the end of 2016, it was the largest company in the imaging systems industry and controlled over 20% of the global digital camera market..." [read more at seekingalpha.com]