Information Provided By:
Fly News Breaks for October 31, 2016
ACIA, MTSI, GIG, IIVI, FN, FNSR, IPHI, OCLR, NPTN, LITE
Oct 31, 2016 | 12:59 EDT
Needham analyst Alex Henderson believes the "Optical Super Cycle" is going full steam ahead and strongly reiterates his bullish view on the Optical Sector. The analyst believes that most of the angst over the last week around the optical sector is a non-issue. Henderson is an aggressive buyer on weakness of Lumentum (LITE), NeoPhotonics (NPTN), Oclaro (OCLR), and Inphi (IPHI). Finisar (FNSR), Fabrinet (FN), II-VI (IIVI), GigPeak (GIG) and MACOM (MTSI) are also strong recommendations, he added. Further, Henderson believes Acacia Communications (ACIA) has "way overcorrected," and thinks it can rebound on a stronger Q4 outlook and upside to 2017 numbers.
News For LITE;NPTN;OCLR;IPHI;FNSR;FN;IIVI;GIG;MTSI;ACIA From the Last 2 Days
There are no results for your query LITE;NPTN;OCLR;IPHI;FNSR;FN;IIVI;GIG;MTSI;ACIA