Lumentum Holdings Inc. (LITE)

44.42
1.90 4.10
NASDAQ : Electronic Technology
Prev Close 46.32
Open 44.49
Day Low/High 44.00 / 46.25
52 Wk Low/High 37.00 / 69.95
Volume 3.90M
Avg Volume 1.59M
Exchange NASDAQ
Shares Outstanding 76.40M
Market Cap 3.84B
EPS 3.90
P/E Ratio 152.12
Div & Yield N.A. (N.A)
Anything Happen While I Was Gone? Not Really

Anything Happen While I Was Gone? Not Really

Bears are still betting on major correction.

Shark Bites: Market Gains Aren't Slipping Away

Shark Bites: Market Gains Aren't Slipping Away

The nice thing about earnings season is that it benefits stock pickers.

This Market Action Is Once Again Sluggish

This Market Action Is Once Again Sluggish

The bulls have not been able to build on strong action -- and the bears have been even more inept.

Amazon Prime Day No Bargain for Retail Sector

Amazon Prime Day No Bargain for Retail Sector

Costco's valuation is under increased scrutiny.

Pavlovian Response of Dip Buyers Keeps Bears at Bay

Pavlovian Response of Dip Buyers Keeps Bears at Bay

With dip buyers acting automatically when stocks sag a bit, the market simply refuses to go down.

Takeaways and Observations

"Success breeds complacency. Complacency breeds failure. Only the paranoid survive." - Andy Grove   Perhaps this qualifies as a potential warning from "Uncle" Bob Farrell's ten lessons of investing.   Frankly, I thought dumping Ford's Fields was idi...

Market Has a Real Problem Showing Its Emotions

Market Has a Real Problem Showing Its Emotions

This certainly isn't like the 'old days.'

Trader's Daily Notebook: Trading Without a Net

Trader's Daily Notebook: Trading Without a Net

Give dip buyers the benefit of the doubt on Wednesday.

A Look at The Buyout Prospects of Pandora, Yelp and Other Rumored Targets

A Look at The Buyout Prospects of Pandora, Yelp and Other Rumored Targets

Though tech M&A activity has cooled a bit, it certainly hasn't evaporated. Here's a look at the buyout prospects for some companies whose names are in the M&A rumor mill.

Takeaways and Observations (Mid-Afternoon Edition)

  Any day that starts with commentary by Sam Zell (on Squawk Box)... is a good day.  Energy Select Sector SPDR (ETF)  XLE goes on my Best Ideas List - long (at $67.05).  I like this contrary investment (not trading rental).   Allergan  fell after go...

Stay Clear of Optical Stocks (Part Deux)

Optical stocks are being taken to the woodshed today -- Oclaro  -$0.86 (-10%), Lumentum -$2.15, MACOM Technology Solutions -$4.00, Acacia Communications -$3.00, Applied Optoelectronics -$2.00 and Fabrinet  -$2.90.   I recently wrote several columns ...

Not Seeing Good Things Near Term for Optical Stocks

As I have expressed in both the Comments Section (see last week's negative second-quarter industry forecast by brokerage B Riley) and in my Diary, the volatile optical space appears to be facing poor short-term fundamentals.   And takeover hopes see...

Optical Weakness

Some subscribers (discussed in the Comments Section) have expressed interest or are involved in the optical space.   I am hearing some vague Chinese concerns.   Oclaro , Finisar ,Acacia Communications and Lumentum Holdings are all under pressure tod...

Clarity on Oclaro

Oclaro , the object of discussion in my Diary recently, continues to trade up with all its collaterals/competitors after the recent conference, which indicated that business fundamentals are on solid footing.  As I previously mentioned, Finisar has ...

Lumentum upgraded at Goldman

Optical Component Stocks Might Deserve a Look Following Finisar's Tumble

Optical Component Stocks Might Deserve a Look Following Finisar's Tumble

Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry.

Lumentum downgraded at MKM

Apple's iPhone 8 Could Represent a Big Break with the Past

Apple's iPhone 8 Could Represent a Big Break with the Past

In addition to being packed with new features, the company's latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp.

Themes Can Be Music to Your Portfolio

Themes Can Be Music to Your Portfolio

Find a strong sector, then look for attractive stocks within it.

5 Toxic Stocks to Watch

5 Toxic Stocks to Watch

Watch out for these stocks as we start 2017.

Can't the Market Take Even a Little Breather?

Can't the Market Take Even a Little Breather?

Momentum has been the strongest in many years.

Everyone Agrees: Market Action Is Nuts

Everyone Agrees: Market Action Is Nuts

If you're already in, it's great. The problem is getting in.

Processing Semiconductor Names for Possible Buys

Processing Semiconductor Names for Possible Buys

Advanced Micro Devices has been a great example of momentum in the group since its breakout in mid-November.

Telecom Capex Tailspin Is Leaving Few Firms Unscathed

Telecom Capex Tailspin Is Leaving Few Firms Unscathed

A string of downbeat earnings reports suggests weak telecom capital spending will take a toll on many companies. That includes some optical component high-flyers.

How Chart Analysis Tops Fundamental Analysis

How Chart Analysis Tops Fundamental Analysis

Forget about P/E ratios; 'cheap' stocks are cheap for a reason.

Rev's Forum: Business as Usual Following Fed Decision

Rev's Forum: Business as Usual Following Fed Decision

The market is repeating a cycle we have seen many times in recent years.

Cramer: 16 Things I Am Watching Right Now

Cramer: 16 Things I Am Watching Right Now

Here are some things that could move stock prices today.

Market's Got a Brand New (Mixed) Bag

Market's Got a Brand New (Mixed) Bag

A little something for everyone today.

Less Energy, More Disinterest in the Market

Less Energy, More Disinterest in the Market

One of those days where we are digesting the recent action.

It's Time to Bring the Heat

It's Time to Bring the Heat

I'm starting a new periodic feature that will bring you the hottest-trading stocks I see.