FARO Technologies, Inc. (NASDAQ:FARO)
CAPS Rating:
The Company designs, develops, manufactures, markets and supports portable, software driven, 3-D measurement systems that are used manufacturing, industrial, building construction and forensic applications.
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Technically, it looks to have much more downside than many other stocks that were boosted by our "green shoots" rally. With a P/E over 60, this one just seems to have a big bullseye on it for shorts...