Needham Names Lumentum Holdings Inc. (LITE) Top 2025 Networking Pick: AI Growth and Laser Innovation Drive Optimism

We recently compiled a list of the 13 AI News and Ratings on Wall Street’s Radar. In this article, we are going to take a look at where Lumentum Holdings Inc. (NASDAQ:LITE) stands against the other AI stocks on Wall Street’s radar. In his latest memo named “On Bubble Watch,” Howard Marks, co-founder and co-chairman of […]

Yahoo | January 10, 2025

Lumentum gets top pick tag in networking sector at Needham

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  Seeking Alpha | January 9, 2025

Lumentum Needham's top networking pick for 2025 on AI surge

Investing.com -- Lumentum Holdings Inc (NASDAQ:LITE) was named Needham's top pick for 2025 across networking and cloud communication sectors, as the brokerage notes surging investments in artificial intelligence infrastructure and a recovery in telecom demand as key growth drivers.

Yahoo | January 9, 2025

Lumentum Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

SAN JOSE, Calif., January 07, 2025--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, announced today that it has received a perfect score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report, measuring corporate policies and practices related to LGBTQ+ workplace equality.

Yahoo | January 7, 2025

This Magnificent Artificial Intelligence (AI) Stock Has Shot Up 84% in Just Over 4 Months, and It Could Soar Higher in 2025 and 2026

Lumentum Holdings (NASDAQ: LITE) may not be a household name among investors, but a closer look at its stock price chart for the past four and a half months will tell us that it has been on a tearing run on the market. The company manufactures and sells optical and photonic components, modules, and systems that enable high-speed data transmission, along with laser products that are used in industrial applications. Lumentum's optical products are deployed in data centers to enable fast data transfer speeds, and have recently witnessed a solid jump in demand to support artificial intelligence (AI) workloads.

Yahoo | January 1, 2025

Here’s Why Lumentum Holdings (LITE) Rose in Q3

Invesco Distributors, Inc., an investment management firm, released its “Invesco Small Cap Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund underperformed the benchmark due to stock selection and an overweight in industrials. A lack of exposure to real estate also detracted from […]

Yahoo | December 19, 2024

Lumentum Appoints New Board Member

SAN JOSE, Calif., December 12, 2024--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent.

Yahoo | December 12, 2024

High Growth Tech Stocks In The United States To Watch

The United States market has remained flat over the last week, yet it is up 31% over the past year with earnings forecasted to grow by 15% annually. In this environment, identifying high growth tech stocks involves looking for companies that demonstrate strong potential for innovation and scalability while aligning with these positive market trends.

Yahoo | December 10, 2024

Coherent Holds An Nvidia-Like Gain. AI Is Just One Reason Why.

A financial transformation under new leadership is just one reason to be bullish about Coherent. Robust AI-powered earnings is another.

Yahoo | November 27, 2024

Lumentum TrueFlex® WSS Wins 2024 Pipeline Award for Innovation in Network Technology

SAN JOSE, Calif., November 19, 2024--Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, announced today that its TrueFlex® Contentionless Twin 16x24 Wavelength Selective Switch (WSS) has won the 2024 Pipeline Innovation Award for Innovation in Network Technology. Lumentum also earned runner-up honors in the categories of Innovation in Network Transformation and Innovation in Network Management.

Yahoo | November 19, 2024