erent (US:COHR) ZACKSยท2025-07-11 17:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Coherent (COHR) - Coherent currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [2][3] - The stock has shown significant price increases, with a 4.21% rise over the past week and a 15.77% increase over the past month, outperforming the Zacks Technology Services industry [5] - Over the past quarter, Coherent shares have risen 69.51%, and 22.09% over the last year, compared to the S&P 500's gains of 19.67% and 12.87%, respectively [6] Trading Volume - Coherent's average 20-day trading volume is 2,680,005 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, two earnings estimates for Coherent have increased, raising the consensus estimate from $3.50 to $3.51 [9] - For the next fiscal year, four estimates have moved upwards with no downward revisions, indicating positive sentiment [9] Conclusion - Given the strong performance metrics and positive earnings outlook, Coherent is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [11]