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Fabrinet Will Be Range-Bound

September 18th, 2019 · No Comments

  • The company is a leading contract manufacturer and well placed to benefit from the optical communications build-out.
  • However, temporary headwinds from industrial lasers and Huawei will lead to a couple of softer quarters.
  • A solid market position, good cash flow, a stellar balance sheet and ramping sales to Infinera will keep the downside limited.

Source: Fabrinet Will Be Range-Bound – Fabrinet (NYSE:FN) | Seeking Alpha

Tags: FN