Did Jim Cramer Get These 23 Stocks Right?

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1. Coherent Corp. (NYSE:COHR)

Number of Hedge Fund Holders: 37

Cramer weighed in on Coherent Corp. (NYSE:COHR) during that episode, noting its strong fundamentals and near-term upside potential:

“A lot of lasers, a lot of optics, a lot of good stuff, going to make money this year. I would buy some here and wait for it to come down.”

Coherent Corp. (NYSE:COHR) has advanced by 5.25% since that episode aired.

While we acknowledge the potential of COHR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than COHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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