5 Best Stocks to Buy According to Steven Baughman’s Divisar Capital

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In this article, we discuss 5 best stocks to buy according to Steven Baughman’s Divisar Capital. If you want to read our detailed analysis of Baughman’s history and hedge fund performance, go directly to 10 Best Stocks to Buy According to Steven Baughman’s Divisar Capital.

5. Lumentum Holdings Inc. (NASDAQ: LITE)

Baughman’s Stake Value: $19,227,000
Percentage of Steven Baughman’s 13F Portfolio: 6.49%
Number of Hedge Fund Holders: 31

Lumentum Holdings Inc. (NASDAQ: LITE) manufactures and sells optical and photonic equipment. The company was founded in 2015 and stands fifth on the list of 10 best stocks to buy according to Steven Baughman’s Divisar Capital. Lumentum currently has a $6.17 billion market capitalization. 

On July 19, Needham analyst Alex Henderson raised the price target on Lumentum Holdings Inc. (NASDAQ: LITE) to $100 from $87 and kept a “Buy” rating on the shares. The hedge fund chaired by Steven Baughman owns 210,474 shares in Lumentum Holdings Inc. (NASDAQ: LITE) worth over $19 million, representing 6.49% of their portfolio.



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