I’ve recently discovered this stock, $NOVT. Growth comes from: * Robotics * AI manufacturing * Semiconductor equipment * Medical technology * Laser applications These industries can grow faster than GDP for many years. The stock is quite overvalued though, trading at 114x with a fwd p/e of 43x. The debt is pretty low which is a green flag for me but my major concern is the fact that so much future growth is already priced in. What are your thoughts?
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Novanta $NOVT | Beginner Investors | Blossom Social
