Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Restaurants Might be a Cash Cow for ABB

Opportunities

Will Robots Make Restaurants like Denny’s more Valuable?

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.

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