Sometimes one of the best things an investor can do is pick up shares of
a quality company on a temporary problem in the industry. For instance,
investors who bought Lincoln Electric (LECO) below $40 are probably pretty happy that they did so. While the shares of laser optics and components maker II-VI (IIVI)
have been volatile, they historically haven't stayed very cheap for
very long. The question for investors now, though, is whether this is
another buying opportunity or whether II-VI's addressable markets have
changed in fundamental ways that will make this a disappointing stock
from now on.
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Is This A Chance To Pick Up II-VI For The Rebound?
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