From Yahoo Finance: 2025-04-01 14:31:00

In a recent article, we listed the 10 Best Debt-Free IT Stocks to Buy Under $10, including nLight Inc. (NASDAQ: LASR). Companies accumulate debt for various reasons, but debt comes with risks and fixed costs. Investing in financially stable companies is crucial amid rising bankruptcies.

Bridgewater Associates’ Ray Dalio highlighted a growing supply-demand imbalance in the U.S. debt market, urging a reduced fiscal deficit to avoid risks. CNBC reported a surge in corporate bankruptcies, emphasizing the impact of interest rates. Interest in debt-free, affordable stocks is rising in volatile times with elevated interest rates.

nLight Inc. (LASR) stands out with a market cap of $414 million and an EV to Market Cap ratio of 0.8. The company provides advanced laser solutions for various applications, with analysts positive on its long-term potential despite near-term challenges. LASR ranks 9th on the list of best debt-free IT stocks under $10.

Analysts from Needham and Stifel Nicolaus reiterated Buy ratings on nLIGHT (NASDAQ: LASR), emphasizing its growth potential in the defense sector. While LASR shows promise, AI stocks may offer higher returns in a shorter time frame. For investors seeking AI stocks, explore our report on the cheapest AI stock for potential gains.

Read more: Is nLight Inc. (LASR) the Best Debt-Free IT Stock to Buy Under $10?