Canon, Inc. (ADR) (CAJ)

dss03 (59.13) Submitted: 12/15/06 8:30 PM : Start Price: $56.19 CAJ Score: -11.15

Sales of digitals appear very strong this holiday season. Double digit growth rates expected, think potential for exceeding estimates here too. With the growth rates alone I feel this stock is fairly priced. Add a strong cash position, paying down debt, and a dividend yield and this pushes it over the top and makes this a value in my mind. I do not own CAJ but is on my watchlist and looking for opportunities to buy into weakness.

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