• Finisar, one of the stocks in our SHU portfolio, rallied 28% on a substantial investment from Apple.
• Shares in Lumentum sold off heavily on this news.
• We think that sell-off in Lumentum is overdone and bought these shares as well for the SHU portfolio. We’ll explain why.

Source: SHU Portfolio: Why We Just Bought Lumentum – Lumentum Holdings Inc. (NASDAQ:LITE) | Seeking Alpha