Following my coverage on Ciena Corporation (NYSE: CIEN ) in Sep’24, which I recommended a buy rating due to my expectation that the business is now in a growth cycle, this post is to provideI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with stead ...