Topic: How To Invest

Q: Hello. Would you take a look at II-VI? It seems like a good tech stock. Thanks.

Article Excerpt

A: II-VI Incorporated, $47.38, symbol IIVI on Nasdaq (Shares outstanding: 91.3 million; Market cap: $4.4 billion;, is a global leader in the development, manufacture, and marketing of a wide variety of laser, photonic, infrared, and fibre-optic products and materials. These are used in the communications, military, consumer electronics, semiconductor, life sciences and automotive industries. The company specializes in photonics technology (optical data transmission), including fibre optics and lasers (67% of revenue), as well as silicon carbide semiconductor (computer chip) technology (33%). The communications industry accounts for 68% of II-VI’s sales, industrial components 11%, military 7%, and consumer 6%. Other markets contribute the rest. The company has research and development, manufacturing, sales, service, and distribution facilities worldwide and is headquartered in Saxonburg, Pennsylvania. To remain at the leading edge of its industry, it invests in its own research. It has also acquired firms with technology and products that it can use to either enhance or expand its existing business. For example, in 2017, II-VI…

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