Nov. 20 at 6:02 AM
Recommendation:
$COHR Buy Range:
$142-
$145
Recommendation rationale: As a global core supplier of high-speed optical communication and laser technology, COHR and LITE serve data centers, cloud computing, AI servers, and 5G networks.
With accelerated AI data center construction driving surging demand for high-speed optical modules, LITE possesses significant technological barriers in 400G/800G lasers and optical amplifiers.
Concurrently, COHR leads globally in high-speed optical modules (800G/1.6T), silicon photonics, quantum communications, laser processing, and military-grade optoelectronic systems, serving as a core supplier to Apple NVIDIA TSMC
$AAPL $NVDA TSMC and the U.S. government.
Given ongoing market caution in the near term, we recommend light positions for initial exposure.
