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Jim Cramer on Coherent Corp.: “I Think This Company’s Just Terrific”
Jim Cramer expressed strong optimism for Coherent Corp. (NYSE:COHR), calling it “terrific” and highlighting its significant rally of over 450% since last April. The company, which specializes in engineered materials and optoelectronic components, recently received a $2 billion investment from NVIDIA and is being added to the S&P 500, alongside Lumentum, benefiting from increased exposure to AI infrastructure. Cramer recommended buying dips in the stock, emphasizing its strong technology.