Thursday, January 26, 2017

Cognex Corporation Could Have a Great 2017

Machine-vision company Cognex Corporation (NASDAQ:CGNX) is not a cheap stock by either current valuations or near-term analyst estimates. Moreover, the stock has more than doubled in the past year, leaving investors wondering whether there is more to come in 2017. Arguably, Cognex needs to beat analyst estimates to move significantly higher this year, but I think there's good reason the company might just do that, and here's why.

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