Coherent Corp. (NYSE:COHR) is one of the best NYSE stocks to buy for long term investment. On June 24, Coherent announced the introduction of its new ACE FL series. This thulium fiber laser/TFL system is engineered for therapeutic medical applications, with a primary focus on lithotripsy and the treatment of benign prostatic hyperplasia/BPH.
The two-micron ACE FL system offers greater procedural efficiency when compared to older laser technologies such as holmium:YAG systems. Thulium fiber lasers include superior cutting precision for BPH enucleation, which is a compact design to facilitate OEM integration, and improved energy efficiency.
A row of precision industrial lasers in action, cutting the most intricate of shapes.
The ACE FL platform uses proprietary fiber designs and manufacturing capabilities to offer OEM partners a scalable and high-performance solution for developing next-gen surgical tools. Coherent also simplifies integration by combining the power of the ACE FL series with its established disposable fiber assemblies. Coherent plans to showcase the ACE FL at the LASER World of Photonics Munich 2025 event.
Coherent Corp. (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components & devices, and optical & laser systems and subsystems for the industrial, communications, electronics, and instrumentation markets.
While we acknowledge the potential of COHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.