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IPG Photonics Is Cutting It

December 21st, 2017 · No Comments

  • IPG Photonics has had a tremendous year so far.
  • There are a number of secular tailwinds which will ensure solid growth for the foreseeable future.
  • However, we don’t expect much margin expansion anymore, nor much valuation multiple expansion. Still we can see 30% upside for the shares.

Source: IPG Photonics Is Cutting It – IPG Photonics Corporation (NASDAQ:IPGP) | Seeking Alpha

Tags: IPGP