3 Reopening Stocks to Buy in December
Perhaps it's better to talk of a "second" or "double" reopening class of stocks? The economy did open up in 2021, and growth came back stronger than many expected, but it also brought raw-material cost increases and supply chain issues that hit specific industries. That said, history suggests that commodity price increases will diminish in the future. In this context, machine vision company Cognex (NASDAQ: CGNX), paint and coatings company PPG Industries (NYSE: PPG), and industrial software company PTC (NASDAQ: PTC) could have a great 2022. Here's why.
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The leading machine vision company has three major end markets: automotive, consumer electronics, and logistics. Cognex's automotive and logistics end markets had a good year in 2021, driven by spending on automotive production lines (including electric vehicles) and e-commerce logistics.
Source Fool.com
