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 Russell 2000 Stocks Skating on Thin Ice

MTW Cover Image

Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.

Picking the right small caps isn’t easy, and that’s exactly why StockStory exists - to help you focus on the best opportunities. That said, here are three Russell 2000 stocks to steer clear of and some alternatives to watch instead.

Manitowoc (MTW)

Market Cap: $357.3 million

Contracted by the United States Navy during WWII, Manitowoc (NYSE: MTW) provides cranes and lifting equipment.

Why Should You Sell MTW?

  1. Product roadmap and go-to-market strategy need to be reconsidered as its backlog has averaged 12.5% declines over the past two years
  2. Earnings per share fell by 42.3% annually over the last five years while its revenue grew, showing its incremental sales were much less profitable
  3. ROIC of 1.5% reflects management’s challenges in identifying attractive investment opportunities

Manitowoc’s stock price of $10.08 implies a valuation ratio of 13.5x forward P/E. If you’re considering MTW for your portfolio, see our FREE research report to learn more.

Vishay Precision (VPG)

Market Cap: $325.9 million

Emerging from Vishay Intertechnology in 2010, Vishay Precision (NYSE: VPG) operates as a global provider of precision measurement and sensing technologies.

Why Do We Pass on VPG?

  1. Sales tumbled by 9.6% annually over the last two years, showing market trends are working against its favor during this cycle
  2. Costs have risen faster than its revenue over the last five years, causing its operating margin to decline by 6.3 percentage points
  3. Incremental sales over the last five years were much less profitable as its earnings per share fell by 16.2% annually while its revenue grew

Vishay Precision is trading at $24.58 per share, or 20.3x forward P/E. Dive into our free research report to see why there are better opportunities than VPG.

Xerox (XRX)

Market Cap: $694.3 million

Pioneering the modern office copier and inventing technologies like Ethernet and the laser printer, Xerox (NASDAQ: XRX) provides document management systems, printing technology, and workplace solutions to businesses of all sizes across the globe.

Why Do We Think XRX Will Underperform?

  1. Customers postponed purchases of its products and services this cycle as its revenue declined by 6.7% annually over the last five years
  2. Diminishing returns on capital from an already low starting point show that neither management’s prior nor current bets are going as planned
  3. High net-debt-to-EBITDA ratio of 6× increases the risk of forced asset sales or dilutive financing if operational performance weakens

At $5.60 per share, Xerox trades at 5.6x forward P/E. Read our free research report to see why you should think twice about including XRX in your portfolio.

Stocks We Like More

Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs.

While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years.

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free.

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