Coherent: Growth Is Supported By Accelerating AI-Infrastructure Investments

I recommended a buy rating for Coherent Corp. (NYSE: COHR ) when I wrote about it in October 2023 , as I expected its datacom segment to be a key growth driver, supported by demand for AI. TheI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-te ...