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Ii-vi Incorporated (IIVI) [hlAlert]

up 109.75 %

Ii-vi Incorporated (IIVI) rated Buy with price target $18 by Needham

Posted on: Monday,  Jun 24, 2013  8:25 AM ET by Needham

Needham rated Buy Ii-vi Incorporated (NASDAQ: IIVI) on 06/24/2013. Previously Needham rated Buy Ii-vi Incorporated (NASDAQ: IIVI) on 12/04/2008., when
the stock price was $8.00. Since then, Ii-vi Incorporated has gained 109.76% as of 01/13/2016's recent price of $16.77.
If you would have followed the previous Needham's recommendation on IIVI, you would have gained 109.75% of your investment in 2596 days.

II-VI Incorporated designs, manufactures and markets optical and opto-electronic components, devices and materials for infrared, near-infrared, visible light, x-ray and gamma ray instrumentation. The Company's infrared optics business manufactures optical and opto-electronic components sold under the II-VI brand name and used primarily in CO2 lasers. The Company's near-infrared optics business manufactures near-infrared & visible light products for industrial, scientific, military & medical instruments and laser gain materials and products for solid-state YAG and YLF lasers at the Company's VLOC subsidiary. The Company's military infrared optics business manufactures infrared products for military applications under the Exotic Electro-Optics brand name.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2014 9:25 AM Buy
15.04 18.00
as of 12/13/2013
1 Week down  -0.73 %
1 Month up  5.77 %
3 Months down  -13.09 %
1 YTD down  -11.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2013 8:25 AM Buy
16.00 18.00
1/23/2013 8:25 AM Buy
17.74 19.00
6/15/2012 11:26 AM Buy
16.46 23.00
10/25/2011 2:25 PM Buy
16.68 22.00
12/4/2008 9:25 AM Buy
8.00 10.00
4/24/2008 9:25 AM Hold

(*) Stock Price at the time of the recommendation.
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