Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

3 Stocks Growing Their Businesses for 2023

Kate’s guest today on The MarketBeat Podcast is Kirk McDonald, portfolio manager at Argent Capital Management. Today, Kirk has three stocks to discuss, all from different industries with different market caps.  He explains why each is a holding in his portfolio, and how investors should evaluate the business case.

At the end of the episode, Kirk shares how listeners can see all his ETF portfolio holdings, to get even more stock ideas

-Kirk’s first stock is Cheniere Energy (LNG ): With Russia cutting off natural gas supplies for Europe, Cheniere is well situated to be a supplier

-The company has the ability to grow its production significantly in the next few years

-Why revenue growth has been increasing since March of 2021, and that looks likely to continue

-For the last decade, Cheniere has been investing in liquefaction facilities, meaning export capacity is increasing, while also increasing cash flow and profit

-The company has been paying down debt rapidly

-Why you should think of Cheniere more like a utility or pipeline, rather than a traditional oil and gas name

-Why the explosive growth phase is just hitting this established company

-The second stock Kirk discusses is Fair Isaac (FICO): The company is expanding rapidly from its existing line of business, the well known FICO score

-Why positive pricing changes, along with the software strategy are helping the company grow revenue

-How lower mortgage applications are affecting earnings estimates, but mortgages are not the bulk of the company’s business

-Increased competition may be coming along, and what risk it presents

-Kirk’s last stock is government contractor ICF International (ICFI), a small cap that is involved in four growing areas in government spending

-Why Kirk expects this company to benefit from the Inflation Reduction Act

-How should investors allocate to smaller companies like ICF? Kirk looks at ways to balance market caps within his portfolio

-How barriers to entry give a company like ICF an edge

How to sign up for the Argent newsletter and learn more about the investment strategies

-www.ArgentCapital.com

To see the portfolio holdings and get more stock pick ideas:

-www.ArgentETFs.com

Let’s all become smarter investors together. Subscribe to the MarketBeat Podcast today.

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