These two companies are at the edge of innovation, which should help their stocks deliver market-crushing returns. Technological innovation has been one of the biggest catalysts for stock market growth over the last century, and that's unlikely to change anytime soon. For investors who back the right companies and allow growth trends and competitive wins to stack up over the long term, incredible returns are possible. With that in mind, read on to see why two Motley Fool contributors think that buying these ...

The machine vision company's near-term outlook remains weak, but its long-term prospects are undiminished. Shares in machine vision technology company Cognex Corporation (CGNX 1.02%) fell by 18.6% in August, according to data provided by S&P Global Market Intelligence. There's no debate about the catalyst for the move. Cognex's second-quarter earnings report disappointed the market on the last day of July, and the stock declined heavily on the first day of August. Near-term weakness Machine vision technolog ...

Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Inspection Machines - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Inspection Machines was estimated at US$718.3 Million in 2023 and is projected to reach US$999.2 Million by 2030, growing at a CAGR of 4.8% from 2023 to 2030. Inspection machines have become an integral part of quality control processes across various industries, ensuring that products meet stringent regulatory standards and custom ...

Now could be a great time for investors to consider the best robotics stocks to buy in August. I wrote around a month ago that there could be record volatility in the market. That prediction turned out to be true, and volatility has since been decreasing. Decreased volatility generally leads to decreased fear and higher stock prices. Buying these best robotics stocks now could be a great option for investors to take advantage of short-term swings in the market. Also, as the market expands, with projections ...

This technology company will suffer from end-market weakness in 2024, but its long-term prospects remain excellent. Cognex End Market Served Market Cognex Market Share Automotive $1.5 billion 15% Electronics $1.35 billion 20% Logistics $2 billion 15% Medical related $650 million >10% Others $1 billion <20% The stock market did not take kindly to machine vision company Cognex Corp.'s (CGNX -0.03%) recent second-quarter earnings report. Unfortunately, its end markets are weakening in 2024, and the hoped-for p ...

1 1 i i alvarez Cognec's (NASDAQ:CGNX) business continued to slow in the second quarter, which is unsurprising given macro headwinds. Revenue and gross margin vere in line with guidance, although Cognex's revenue was down Yo Y excluding the impact of the Moritex acquisition. This appears to have caught the market of quard, with the stock falling close to 25% in the wake of earnings. I previously suggested that despite ongoing macro headwinds, Cognex's stock may have bottomed, absent further deterioration in ...

New AI tool simplifies counting inspections for manufacturers across all industries NATICK, Mass., Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, expanded the capabilities of its In-Sight SnAPP™ vision sensor with the launch of an AI-enabled counting tool. This innovative software tool transforms how manufacturers handle counting tasks, allowing them to easily automate assembly verification and quantity checks that were previously timeconsuming or pr ...

Cognex Corporation. (NASDAQ:CGNX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations Robert Willett - President, Chief Executive Officer Dennis Fehr - Chief Financial Officer Conference Call Participants Andrew Buscaglia - BNP Paribas Tommy Moll - Stephens Inc. Piyush Avasthy - Citi. Jacob Levinson - Melius Research. James Ricchiuti - Needham and company Guy Hardwick - Freedom Capital Markets Keith Housum - North COAST Research Damian ...

Take this drop as an opportunity to buy Cognex stock. Shares of Cognex (CGNX -22.51%) slumped this morning and were trading 21% lower as of 11:40 a.m. ET. Cognex is a world leader in machine vision systems and solutions used to automate manufacturing and distribution processes. Therefore, it extensively uses technologies like artificial intelligence (AI). AI-driven businesses have tremendous growth potential, but things haven't been so easy for Cognex lately, as its latest numbers prove. Cognex reported a s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 or ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __________ to __________ Commission File Number 001-34218 COGNEX CORPORATION | --- | --- | |------------------------------------------------------------------- ...