II-VI Inc. (IIVI) isn't a household name in the stock market, but this $5.22 billion technology company is nearing a price level that would represent its highest level ever. IIVI develops, manufactures, and markets engineered materials and optoelectronic components and devices worldwide. Wall Street, in my opinion has been accumulating shares. While its AD line has suffered over the past month, the big reason for it was a secondary public
offering where IIVI shares were priced at $43. That had a negative short-term impact at the beginning of July, but we're seeing another rally as IIVI approaches its next earnings report on August 13th: