Why a Photonics Bottleneck - and Nvidia's Checkbook - Are Powering COHR's Rally
Coherent (COHR) has ripped higher on an Nvidia strategic agreement and S&P addition, but the real fuel is a capacity bottleneck for advanced photonics components. The combination gives the company tactical pricing power and order visibility that warrant a mid-term long trade. Valuation is rich and execution risk is real, so position sizing and a fi…