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1 Undervalued Growth Stock That Could Soar in 2022

·4 min read
1 Undervalued Growth Stock That Could Soar in 2022
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The stock of machine-vision company Cognex (NASDAQ: CGNX) has been severely beaten up in the sell-off of technology stocks in 2022. Cognex's revenue and margin performance beat management's prior expectations in the fourth quarter. The results confirmed Cognex has plenty of potential within its end markets in 2022, including electric vehicle (EV) and logistics spending.