Lumentum: The Rally May Not Be Over (NASDAQ:LITE)
· seekingalpha.com
Lumentum's Q4 revenue surged 109% to $1.006 billion, while gross margin reached 50.4%. Click to read more on this bullish thesis for LITE.
At this point in time, the case for Lumentum Holdings ( LITE ) business transformation is clear, but so is the valuation risk following the 500%+ stock rally in...