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2 Laser Systems Stocks to Watch in a Challenging Industry - Yahoo Finance

The Zacks Laser Systems and Components industry is suffering from challenging macroeconomic conditions globally, weak economic conditions in Europe, a sluggish economic environment in China, softer demand in industrial markets, and lackluster capital equipment spending. However, industry participants like IPG Photonics IPGP and Lumentum LITE benefit from upbeat demand from electric vehicles, electronics, semiconductors and healthcare end-markets. Robust demand for high-power continuous wave and pulsed laser for cutting and battery-processing applications, growing demand for high-performance optical devices, and the ongoing adoption of cloud computing, autonomous driving, IoT and 5G are the key catalysts.

Yahoo     Dec 06, 2023