Thursday, May 28, 2020

II-VI Looking To Flex Newly-Bought Muscle In Multiple Growth Markets

I wouldn't expect a stock that was up more than 40% over the past year and serving growth end-markets like data centers and 5G infrastructure to be undervalued, but that may yet be the case with II-VI (IIVI). There's an above-average risk here, as a lot of II-VI's value is predicated on grabbing share in markets like 3D-sensing, leveraging capabilities in advanced materials like SiC, and generating healthy margins in markets like optical components where that has historically been hard to do, but those risks seem more than balanced by the opportunity.

Follow this link to the full article:
II-VI Looking To Flex Newly-Bought Muscle In Multiple Growth Markets

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