|Company name||Coherent, Inc.|
|Live stock price||[stckqut]COHR[/stckqut]|
|Confident Investor Rating||Poor|
The following company description is from Reuters: https://finance.yahoo.com/quote/cohr/profile?p=cohr
Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial applications. It operates in two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used in markets, including microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Coherent, Inc. It is not possible to confidently invest in a company that is not currently profitable. I am removing Coherent from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.