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Applied Optoelectronics, Inc. (AAOI): A Bull Case Theory 

We came across a bullish thesis on Applied Optoelectronics, Inc. on Value Degen’s Substack’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on AAOI. Applied Optoelectronics, Inc.'s share was trading at $26.02 as of December 2nd. AAOI’s forward P/E was 84.03 according to Yahoo Finance.

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Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. AAOI has...