Canon Stock Prediction: The $300 Billion Wedding Industry Is A Massive Tailwind for Canon

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • I went long on Canon because I like its robust office/home printing business.
  • We cannot deny that Canon’s camera business still touts an eternal tailwind from the $300 billion wedding industry.
  • Wedding photographers and videographers will always find it necessary to keep buying high-quality Canon photography and video products.
  • Canon’s recent release of a cheaper full-frame mirrorless camera should help it retain its no.1 position in this category.
  • The Imaging or camera business is still Canon’s second biggest revenue generator. It’s always important to discuss when Canon releases new cameras.

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