Is Coherent Inc. (COHR) A Good Investment Choice? Carillon Tower Advisers, an investment management firm, published its “Carillon Eagle Mid Cap Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. Mid-cap stocks as a whole advanced in the first quarter of 2021. However, there was a rather considerable disparity among the two style indexes, as the Russell Midcap® Growth Index (down 0.57%) significantly lagged its Russell Midcap® Value Index (13.45%) counterpart. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Carillon Tower Advisers, in their Q1 2021 investor letter, mentioned Coherent, Inc. (NASDAQ: COHR), and shared their insights on the company. Coherent, Inc. is a Santa Clara, California-based industrial and fiber laser solutions provider that currently has a $6.2 billion market capitalization. Since the beginning of the year, COHR delivered a 71.30% return, extending its 12-month gains to 101.02%. As of May 03, 2021, the stock closed at $259.54 per share.