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Buy Lumentum On Temporary Headwinds

February 8th, 2019 · No Comments

  • Notwithstanding headwinds in two of its four segments, Lumentum still produced decent results with an EPS of $1.15 for the quarter.
  • The company is facing headwinds from datacom and Apple (3D sensing), but these are temporary, and better times are ahead, with 3D sensing spreading to Android.
  • We think the bad news is already priced in, and investors are not considering the impressive improvement in cash flow.

Source: Buy Lumentum On Temporary Headwinds – Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha

Tags: LITE