Is Coherent Corp. (COHR) A Good Stock To Buy Now?

Is COHR a good stock to buy? We came across a bullish thesis on Coherent Corp. on FundaAI’s Substack. In this article, we will summarize the bulls’ thesis on COHR. Coherent Corp.'s share was trading at $347.51 as of April 20th. COHR’s trailing P/E was 340.70 according to Yahoo Finance.

Coherent (COHR) is positioned at a pivotal moment in optical communications, with CEO Jim Anderson describing the current environment as the “best time ever” for the industry. The company operates a $50B base business covering pluggable transceivers, DCI transceivers, transport equipment,...