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 […]
Entries Tagged as 'COHR'
February 8th, 2018 · Comments Off on Coherent Seems In Good Health To Us