Coherent, Inc. (NASDAQ:COHR)
CAPS Rating:
A supplier of photonics-based solutions in a broad range of commercial and scientific research applications. Designs, manufactures and markets lasers, laser-based systems, precision optics and related accessories.
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Admittedly, I don't know much about the company. I'm bearish mainly due to pessimism that they won't grow sales and generate profits to maintain that 100+ P/E ratio.