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Is Cognex Stock a Buy?

TheMotleyFool

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The market was left slightly underwhelmed by Cognex's (NASDAQ: CGNX) recent first-quarter earnings report. The results themselves were good, and the second-quarter outlook was good, but the full-year outlook in Cognex's biggest industry, consumer electronics, could have been better.

Still, there was some positive news on Cognex's other end markets. Does it all add up to make the stock a buy?

Cognex is growing its logistics revenue at a very fast rate. Image source: Getty Images.

Source Fool.com

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