Coherent Stock Gains 37% in a Year: Should You Book Profits?

Coherent Corp.'s (COHR) stock price has skyrocketed over the past year. The stock has gained 37.3% compared with the industry's 31.2% rise and the 9.2% gain of the Zacks S&P 500 Composite.COHR’s industry peers, Crane NXT, Co. (CXT) and Jamf (JAMF) have declined over the past year. Shares of CXT and JAMF have lost 7.91% and 33.6%, respectively, in the same time frame.One-Year Price PerformanceImage Source: Zacks Investment ResearchCoherent has outperformed Crane NXT, Jamf, and the industry in the past month. ...