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| Like many companies in the photonics sector, Cognex' stock price currently sits at, or close to, an all-time high. The machine vision company's valuation has more than doubled over the past year, with sales topping half a billion dollars for the first time in 2016 and continuing to rise sharply. With little competition aside from Japan's Keyence, Cognex is also posting high profits, and now commands a market capitalization just shy of $11 billion. Image: nasdaq.com. |
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