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

We came across a bullish thesis on Lumentum Holdings Inc. on R. Dennis’s Substack by OppCost. In this article, we will summarize the bulls’ thesis on LITE. Lumentum Holdings Inc.'s share was trading at $381.44 as of January 29th. LITE’s trailing and forward P/E were 234.01 and 64.94 respectively according to Yahoo Finance.

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. LITE stands at the forefront of the AI infrastructure build-out, having successfully transformed from a...