$Lumentum(LITE)$ All they need is one solid catalyst and this could rip to $1300+ imho. With the $NVIDIA(NVDA)$ $2B investment, something might come out soon.
The AI boom is real. I work in the semiconductor industry as a contractor for the two biggest OEM manufacturers. The demand is real. It will triple over the next 3 years. This is public information. Recently, the CEO of $Lumentum(LITE)$ confirmed that his company's capacity is sold out until the end of 2028. A lot of data centers are being built to support AI. $CoreWeave, Inc.(CRWV)$ is at the forefront of this buildup. These data centers are crucial for keeping an edge in AI infrastructure. For $CoreWeave, Inc.(CRWV)$ , the debt is very manageable. It has more than $100B in contracts and counting.
$Lumentum(LITE)$ In small, the reversal looks notable so far, up $66 from the morning lows. Going from red to green next, and a squeeze could potentially trigger.
$Lumentum(LITE)$ AI trading isn't going to change the long-term picture for photonics and computing. No reason to be concerned here. This still looks like a hidden gem.
$Lumentum(LITE)$ $SanDisk Corp.(SNDK)$ has been moving in a similar way on volatility, and the same AI supply-demand imbalance seems to be behind it. LITE is about half the size of SNDK, so I'd expect even larger price swings once it starts getting market attention.
$Lumentum(LITE)$ Small calls entry. This one moves fast and is very volatile. It has dropped more than $200 over the past few trading days, so it may be time for a reversal. When it gets directional, it can move over $100 points at a time.
$Lumentum(LITE)$ Did the homework on LCPN and picked up the cheap shares. 52-week high is 12.35, company has 23 million cash on hand and more catalysts ahead. Holding my position.
$Lumentum(LITE)$ The stock bounces like a ball. Once you spot the pattern, the next move gets fairly predictable. I think there's a decent chance we see $1100 again within the next week or two. I'm holding through that move.