Buy the Dip: Coherent (COHR) Looks Poised for a Recovery from Oversold Levels
Coherent's exposure to AI-driven optical demand and recent earnings strength create a buy-the-dip setup after a sharp pullback. The business prints high growth, manageable leverage and an attractive risk/reward if investors buy near current levels with a disciplined stop. Valuation is rich on multiples today, but liquidity and secular tailwinds und…