Generative AI Is Set to Drive Solid Growth in This Market: 1 Incredibly Cheap Stock You Can Buy to Make the Most of This Red-Hot Opportunity

Logitech International is famous for making computer peripherals such as keyboards, mice, video collaboration hardware, streaming equipment, and tablet accessories.

Logitech released its fiscal 2025 Q2 results (for the three months ended Sept. 30 ) Logitech reported fiscal Q2 revenue of $1.12 billion , an increase of 6% from the same quarter last year in constant currency terms.

The company also witnessed a jump of 210 basis points in its non-GAAP gross margin, thanks to lower inventory costs, robust demand, and a drop in product costs.

The turnaround in the PC market's fortunes this year is already rubbing off positively on Logitech 's performance.

By 2031 , the market is expected to generate $14.4 billion in sales, growing at an annual rate of almost 10% .

Logitech stock is currently trading at just 20 times trailing earnings.

That's why investors looking for an attractively valued stock that could be a smart long-term investment would do well to buy Logitech .