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Coherent Seems In Good Health To Us

February 8th, 2018 · No Comments

  • Not for the first time, Coherent shares sold off 20%+.
  • This isn’t out of the ordinary for a company which experienced huge share gains and supplies at least in part to a cyclical industry.
  • But backlog is sufficiently substantial to smooth a few rough quarters out and valuation still seems reasonable to us.

Source: Coherent Seems In Good Health To Us – Coherent, Inc. (NASDAQ:COHR) | Seeking Alpha

Tags: COHR