Both in Industrial Instruments

Cognex vs Mesa Laboratories

Over the past year CGNX returned +35.7% and MLAB returned +77.8%; their daily moves had a correlation of 0.11.

CGNX +35.7% MLAB +77.8%Growth of $1, one year, split-adjusted
MetricCGNXMLAB
Price$56.15$127.81
Market cap$9.45B$715.2M
Today−4.78%−3.92%
1 month−9.8%−1.2%
6 months+0.4%+23.7%
Year to date+56.1%+62.8%
1 year+18.4%+66.6%
Revenue growth (YoY)+16.9%+1.0%
Gross margin70.6%64.9%
Net margin25.0%4.7%
P/E (TTM)54.0×149.0×
Price / sales8.7×2.9×
Net cash$404.4M-$112.2M
Dividend yield0.61%0.50%
Volatility (60d)48.2%47.2%
Short % of float4.1%7.7%
Next earnings——

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