Pilot training and simulator company CAE (NYSE: CAE) , design software expert Autodesk (NASDAQ: ADSK) , and machine vision leader Cognex (NASDAQ: CGNX) are very different companies. However, they all have one significant thing in common: their shares are down sharply in recent months. In addition, they are all now arguably great additions for 2022. Here's why the stocks have dipped and why it's time to look at buying them.
With commercial flight departures still significantly below 2019 levels due to the pandemic and a resurgence of COVID-19 cases, this may have hurt stocks like CAE which sells simulators and pilot-training services. Fewer flights means less need for crews to fly them.
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For further details see:
Buy the Dip: 3 Stocks To Buy Today and Hold for the Next 3 Years