Jumping On The Robotics Train: Initiating a Buy on Cognex (CGNX)
Cognex (CGNX) offers a way to play the rising robotics and machine-vision cycle. With a $10.6B market cap, $1.4B cash, positive technical momentum and fresh upward earnings revisions, the risk-reward favors a tactical long. Entry $63.00, stop $57.00, target $75.00 for a swing trade as adoption of AI-driven inspection accelerates.