Cognex Corp (NASDAQ:CGNX)

Scotch and speculation with a small yield.

The Company designs, develops, manufactures, and markets machine vision systems which are used to automate a range of manufacturing processes where vision is required. Great technology that is feeding some of the largest and most efficient warehouses.

Positioned to be a big player in manufacturing efficiency, quality control and operational excellence. Wide range of potential customers, expertise and relationships note easily replicated.

http://www.fool.com/investing/dividends-income/2011/12/20/dividend-payers-in-technology.aspx

Global growth to explode for this leader in quality control tech.

Good price, long term prospects, no debt, growth.

Many people are justifiably excited about the quality-control scanning equipment made by Cognex, but I'm really excited about the barcode readers. How many times have you stood at the checkout counter while the clerk passes an item over the laser barcode reader again and again? Cognex's new Dataman readers are more accurate than laser readers and can read damaged barcodes at a much higher rate than lasers. How big is that market?

In some research reports on Cognex the company knocked for poor money management. The appointment of Robert Willett as CEO should go a long way to solving those management issues.

This company is innovative, with an expanding body of products. Yes, some competitors may have deeper pockets, but Cognex has a culture of creative thinking that comes out of MIT. I like what they do and how they do it.

The stock was knocked down 20% on fears that last year's numbers can't be matched. Perhaps that is true for this quarter, and even this year, but over the next five years, this company is going to be huge.

Primarily for reasons of growth potential not fully priced into today`s price. Robotic vision technology has vast potential in all variety of industries and is just beginning to be explored.

bottomed?

International expansion under way will add a lot of new customers.

The winners in this field will be absolutely huge. I will go with Cognex for now.

oversold on short term earnings fears. I'm in for real cash at this price.

Little dip. Sounds like a strong company.

Low profile but a subtky good moat. Good management. one day everyone else will notice too.

Mr Market's on crack. Friday's "plunge" is an opportunity to add shares or start your position in case you missed it in January!

Disclosure: Long CGNX

Lots of growth potential in a soon to expand market. Great product.

follow the advisor recs

Quality control is a must if the companies want to succeeded in this global economy and all the companies in India and China will be using these. I see this company performing well for the next 3 to 5 year. Long CGNX

stock advisor pick and strong score ibd