Laser maker IPG Photonics (NASDAQ:IPGP) sits at the head of the class when it comes to fiber-optic lasers. However, the company's first-mover status wasn't enough to stop it from getting beaten down after last month's earnings report disappointed investors.
Motley Fool contributor Brian Stoffel thinks this represents an opportunity for investors. That's why he's considering buying shares of the company for his Roth IRA. Brian has been calling out one company per month for almost two years. His picks have returned 25%, and are beating the market by four percentage points.
In this video, Brian explains why he thinks Wall Street missed some important details in IPG's earnings, and why the company is making smart long-term moves.
Fool contributor Brian Stoffel owns shares of IPG Photonics. The Motley Fool recommends IPG Photonics. The Motley Fool owns shares of IPG Photonics. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.