Hollysys Automation Technologies, Ltd.
-
This Automation Company is a Good Long Term Buy
By Sandeep Gupta - October 24, 2012 | Tickers: ABB, EMR, HOLI, ROK
When capacity utilization bottomed at 67% in June 2009 during the last recession, there was easier money to be made. Now that the U.S. rate is 78-80%, it appears that we are in that mid-cycle period where the rate goes through a nominal flattening with some short-term cyclical behavior. With capacity utilization at these levels, customers typically look to invest for further productivity improvements in existing facilities.
For long-term more »