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Is IPG Photonics Still A Buy?

July 6th, 2018 · No Comments

  • We think the shares are due for a technical rebound as they’ve sold off 15%+ and hit support levels.
  • The company is still growing revenues fast, and cash flows even much faster.
  • But revenue growth is going to slow down, so we don’t see much in the way of further multiple expansion.

Source: Is IPG Photonics Still A Buy? – IPG Photonics Corporation (NASDAQ:IPGP) | Seeking Alpha

Tags: IPGP