Fellow optical specialist JDS Uniphase Corp (NASDAQ:JDSU) soared as high as 8.4% on Ciena Corporation (NASDAQ:CIEN)’s end-market signals. Infinera Corp. (NASDAQ:INFN) saw a smaller but still significant 6.4% surge. Both companies are coasting along right in the middle of a reportable quarter, and won’t provide solid answers until the end of April.
Investors here should keep a close eye on Finisar Corporation (NASDAQ:FNSR) tonight, because simultaneous good news from not one but two of the industry’s most central players would inevitably trickle down to the other majors as well.
The article Ciena Sets the Stage for a Broad Networking Surge originally appeared on Fool.com and is written by Andrés Cardenal.
Fool contributor Anders Bylund holds no position in any company mentioned. Check out Anders’ bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Infinera. Motley Fool newsletter services have recommended buying shares of Infinera. Motley Fool newsletter services have recommended writing naked calls on Finisar.
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