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Lumentum Holdings Inc. (LITE): A Bull Case Theory 

We came across a bullish thesis on Lumentum Holdings Inc. on Bullseye Investing’s Substack. In this article, we will summarize the bulls’ thesis on LITE. Lumentum Holdings Inc.'s share was trading at $149.61 as of October 10th. LITE’s trailing and forward P/E were 458.78 and 33.90 respectively according to Yahoo Finance.

Lumentum Holdings ($LITE) is a U.S.-based technology company specializing in optical and photonic products for telecommunications, data communications, and industrial applications, including components for LiDAR in autonomous vehicles and VCSEL technology for...