The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Logitech International S.A. (NASDAQ:LOGI) is one of the 10 best computer hardware stocks to buy for the next 5 years.

On June 10, Logitech International S.A. (NASDAQ:LOGI) revealed the launch of Spotlight 2, a new presentation remote that is intended to assist users in giving presentations with greater assurance and efficiency. It offers haptic feedback and sophisticated digital highlighting features. In addition to providing a Digital Pointer and a Class 1 laser pointer, the device enables presenters to highlight content utilizing multiple modes, such as Spotlight, Squarelight, Magnify, and Annotation.

Copyright: martialred / 123RF Stock Photo

Compatible with PowerPoint, Google Slides, and Keynote on both macOS and Windows, Spotlight 2 can be customized through the Logi Options+ app. The Action Button can be used by users to initiate a presentation, mute music, or clear the screen, among other tasks.

The remote has a wireless range of as much as 30 meters and may be connected via Bluetooth or the bundled Logi Bolt USB-C receiver. On a full charge, its battery can last for three months, and three hours of presentation use can be achieved with just one minute of charging.

Back on May 7, Logitech International S.A. (NASDAQ:LOGI) reported the completion of its 2023 share repurchase program. Additionally, it marked the start of a new three-year, $1.4 billion buyback program, following approval from the Swiss Takeover Board. The company repurchased 17,305,662 shares, or 10% of its initial share capital, as part of the completed $1.6 billion program that started in July 2023.

This marks the conclusion of the company’s capital allocation strategy, announced at the 2025 Analyst and Investor Day. This program is estimated to involve $2 billion in share repurchases over three years, including the $600 million approved in March 2025.

Logitech International S.A. (NASDAQ:LOGI) provides software-enabled hardware solutions worldwide. The key products include console gaming headsets, mice, steering wheels, and microphones. The company offers streaming services and pointing devices such as wireless mice and speakers, corded and cordless keyboards, and webcams. It sells directly to businesses, consumers, retailers, and distributors.

While we acknowledge the potential of LOGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.