Makita Corp (ADR) (NASDAQ:MKTAY)
CAPS Rating:
The Company is engaged in the manufacturing and sale of power tools for professional users worldwide. Its power tools consist of drills, grinders and sanders and portable woodworking tools, like saws and planers.
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Japan Bull Market Checklist
Strong Currency...check
Low Exposure to Sub-Prime...check
High savings rate..check
Banks flushed with cash..check
Ability to buy distressed U.S assets..check
Deflationary economy showing sings of ending...check
Japan market ready for takeoff!!
While I disagree with your macroeconomic reasoning, I can agree that Makita is a solid company.