Coherent: 60% Price Drop - Now the 20 P/E Stock is on My Buy List Due to Orbital Data Centers!

After a price drop of nearly 60% from its 52-week high, Coherent is now on my buy list. The fundamental developments suggest to me that such a steep decrease is unjustified. I see three reasons why the stock is becoming attractive again. 1. Optical connections are increasingly replacing copper AI data centers require ever-increasing bandwidths with minimal energy consumption. Therefore, traditional copper connections are increasingly being replaced by optical technologies. Coherent is one of the direct beneficiaries with lasers, optical transceivers,...