Some contrarians will wonder if Denny’s will become a value with restaurant automation. I would say no because there will simply be too much competition particularly from supermarket operators like Kroger (NYSE: KR).
Fortunately there is a potential value investment for restaurant automation. It is ABB (NYSE: ABB), the Swiss company that makes Zume’s robots. If ABB’s robots can make pizza; they might be adaptable for a wide variety of restaurant tasks; such as burger flipping with Miso’s software. Miso’s business plan is to sell operating software for kitchen robots.Read more