“Still Early: These Stocks Will Make Millionaires By 2029”
Coherent is a strong investment due to its leading position in 6-inch indium phosphide wafer production and capacity expansion, though it carries risks from high spending and potential demand slowdown.
Coherent, ticker symbol CHR, which found a way to make four times more lasers out of every wafer at half the cost.
Coherent and Lum also share some serious risks. First, neither of them make their own raw materials. Second, if hyperscaler spending does slow down, both of these stocks will get hit hard.