$Applied Optoelectronics(AAOI)$ Here's what I think happens over the next 2 weeks. I may be overly optimistic on stock prices with the election coming up at the same time, but I think COHR will report a great quarter and give strong guidance on November 4. The stock is down 46% from its high, with a P/S of only 8.5 and a forward PE of 30, so I think COHR is going to be significantly higher after earnings, probably over $350. Then LITE and AAOI report on November 5. I'm not as convinced about LITE going higher since it has a P/S of 25 and a forward PE of 43, but it depends on whether they beat. LITE is only expected to grow 24% sequentially. AAOI has a P/S of 12.4 but sales are going to soar, and forward PE is $16.8 based on 2027 earnings estimates. Revenue is expected to grow 40% sequentially and over 100% YOY. If COHR beats, both LITE and AAOI are likely to jump. I just believe AAOI has more upside than either of the other two over the next year.
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