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This High-Growth Stock Just Told Us Its Future Is Even Brighter

This High-Growth Stock Just Told Us Its Future Is Even Brighter

It's been a brutal year for shareholders in machine vision company Cognex (NASDAQ: CGNX). The stock is down nearly 45% this year as the company's main end markets (automotive, consumer electronics, and logistics) have suffered in line with ongoing supply chain challenges and slowing consumer spending. If that wasn't enough, a fire at a primary contractor damaged Cognex's inventory of components; the last thing needed in the current environment of component shortages.