12 Unstoppable Technology Stocks to Buy

6. Coherent Corp. (NYSE:COHR)

Number of Hedge Fund Holders: 78

6-month performance: 114.91%

Coherent Corp. (NYSE:COHR) is one of the Unstoppable Technology Stocks to Buy. On December 17, Meta Marshall from Morgan Stanley reiterated a Hold rating on Coherent Corp. (NYSE:COHR) and raised the price target from $150 to $180. Earlier on December 16, Vivek Arya from Bank of America Securities also reiterated a Hold rating on the stock and raised the price target from $165 to $210.

Marshall from Morgan Stanley noted that during 2025, the AI traded expanded out of the semiconductor sector, particularly helping the infrastructure stocks. She believes that this diversification of gains was beneficial for optical technology companies, including Coherent. Marshall expects this trend to continue during the first half of 2026. For the second half, she suggests investors be more selective to ensure gains throughout the year.

Similar to Marshall’s analysis, Arya from BofA noted he raised the price target on Coherent Corp. (NYSE:COHR) based on the increased demand for optical transceivers and components. He adds that the demand for these components continues to outsize the supply, therefore providing an edge for companies like Coherent.

Coherent Corp. (NYSE:COHR) is a vertically integrated manufacturer specializing in lasers, optical transceivers, optoelectronic devices, modules, and engineered materials.