Both in Industrial Instruments

Cognex vs Fortive

Over the past year CGNX returned +39.4% and FTV returned +33.4%; their daily moves had a correlation of 0.09.

CGNX +39.4% FTV +33.4%Growth of $1, one year, split-adjusted
MetricCGNXFTV
Price$58.11$66.81
Market cap$9.78B$19.89B
Today+3.01%−0.04%
1 month−9.7%+16.4%
6 months−1.2%+10.1%
Year to date+61.5%+21.0%
1 year+40.4%+32.7%
Revenue growth (YoY)+16.9%+7.8%
Gross margin70.6%64.2%
Net margin25.0%15.6%
P/E (TTM)55.9×30.5×
Price / sales9.0×4.5×
Net cash$404.4M-$3.14B
Dividend yield0.59%0.42%
Volatility (60d)48.0%22.9%
Short % of float4.1%6.0%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).