Tuesday, February 25, 2014

Can Cognex's Growth Justify its Valuation?

Machine vision company Cognex (NASDAQ: CGNX  ) has long been one of the most attractive growth stories in the industrial sector, but gaining an entry level into the stock hasn't been easy in the last year. The good news is that it fell more than 8% on the day that its fourth-quarter results beat analyst estimates. The bad news is that it rose more than 7% the next day. Why the sell-off? Why did buyers come back in? And what are its prospects for its coming year?

Read the full article LINKED HERE