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.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

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Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

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 Value Stocks in Hot Water

SBH Cover Image

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.

Identifying genuine bargains from value traps is something many investors struggle with, which is why we started StockStory - to help you find the best companies. That said, here are three value stocks climbing an uphill battle and some other investments you should look into instead.

Sally Beauty (SBH)

Forward P/E Ratio: 4.6x

Catering to both everyday consumers as well as salon professionals, Sally Beauty (NYSE: SBH) is a retailer that sells salon-quality beauty products such as makeup and haircare products.

Why Is SBH Risky?

  1. Recent store closures and weak same-store sales point to soft demand and an operational restructuring
  2. Disappointing same-store sales over the past two years show customers aren’t responding well to its product selection and store experience
  3. Revenue base of $3.72 billion puts it at a disadvantage compared to larger competitors exhibiting economies of scale

Sally Beauty’s stock price of $8.85 implies a valuation ratio of 4.6x forward price-to-earnings. To fully understand why you should be careful with SBH, check out our full research report (it’s free).

General Mills (GIS)

Forward P/E Ratio: 13.3x

Best known for its portfolio of powerhouse breakfast cereal brands, General Mills (NYSE: GIS) is a packaged foods company that has also made a mark in cereals, baking products, and snacks.

Why Are We Wary of GIS?

  1. Scale is a double-edged sword because it limits the company's growth potential compared to its smaller competitors, as reflected in its below-average annual revenue increases of 2.3% for the last three years
  2. Declining unit sales over the past two years indicate demand is soft and that the company may need to revise its product strategy
  3. Estimated sales decline of 2.4% for the next 12 months implies a challenging demand environment

General Mills is trading at $61.14 per share, or 13.3x forward price-to-earnings. Read our free research report to see why you should think twice about including GIS in your portfolio.

FOX (FOXA)

Forward P/E Ratio: 14.6x

Founded in 1915, Fox (NASDAQ: FOXA) is a diversified media company, operating prominent cable news, television broadcasting, and digital media platforms.

Why Does FOXA Give Us Pause?

  1. Sizable revenue base leads to growth challenges as its 3.1% annual revenue increases over the last two years fell short of other consumer discretionary companies
  2. Projected sales growth of 4.2% for the next 12 months suggests sluggish demand

At $56.17 per share, FOX trades at 14.6x forward price-to-earnings. If you’re considering FOXA for your portfolio, see our FREE research report to learn more.

Stocks We Like More

The elections are now behind us. With rates dropping and inflation cooling, many analysts expect a breakout market - and we’re zeroing in on the stocks that could benefit immensely.

Take advantage of the rebound by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years.

Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free.

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