When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
KIGRY - Cognex A Name To Watch If The Rebound Rally Fades
Kion Group AG ADR
Automation enabler Cognex (CGNX) has continued its rally from the March panic lows, as investors warm to the idea that the COVID-19 recession won't linger on as long as feared and that short-cycle end-markets like autos will recover strongly. Add in the strong growth potential of automation in the logistics/warehouse market and the perception of Cognex as a play on onshoring/reshoring, and the shares have continued to perform well, though the spread relative to the overall industrial sector over the last three months hasn't been as wide as you might imagine.