Sep. 3 at 4:21 PM
$COHR: Is this a hidden gem in the EV market? 🚗💡
Despite a 6% YoY decline in its Materials segment revenue, COHR has gained an 18.8% stock increase over the past year, outperforming key competitors like
$CGNX, while
$AMAT saw a decline. Plus, a
$1B investment from DENSO and Mitsubishi Electric Corporation boosts its SiC power electronics manufacturing, signaling long-term potential.
See why COHR could be a strong buy 👉 https://www.zacks.com/stock/news/2746931/is-coherent-well-positioned-to-sail-through-the-ev-wave?cid=sm-stocktwits-2-2746931-body-10757&ADID=SYND_STOCKTWITS_TWEET_2_2746931_BODY_10757
