Laser Photonics II-VI Stock Sees Composite Rating Climb To 96

Laser Photonics II-VI Stock Sees Composite Rating Climb To 96

II-VI saw an improvement in its IBD SmartSelect Composite Rating Friday, from 93 to 96. The laser photonics specialist recently won the bidding war and purchased laser-equipment maker Coherent in a deal worth nearly $7 billion. The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.