Jim Cramer on Coherent: “I Would Use Any Dip to Buy More Stock”

Coherent Corp. (NYSE:COHR) is one of the stocks Jim Cramer shared his take on. Noting the stock’s recent run-up, a caller asked about it. Cramer replied:

Coherent is so good. Now, the stock has been just a banshee. But I gotta tell you, the technology’s really good. It’s a winner. I would use any dip to buy more stock.

Pixabay/Public Domain

Coherent Corp. (NYSE:COHR) manufactures engineered materials, laser systems, and optoelectronic components used across the communications, industrial, and electronics sectors. Diamond Hill Capital stated the following regarding Coherent Corp. (NYSE:COHR) in its third quarter 2025 investor letter:

Other top contributors in the quarter included Cimpress, Red Rock Resorts and Coherent Corp. (NYSE:COHR). Coherent, a global leader in materials, networking and lasers for the industrial, communications, electronics and instrumentation markets, is benefiting from strong demand for its data center-related products, especially its optical transceivers.

While we acknowledge the risk and potential of COHR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than COHR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.