Following my coverage on Ciena Corporation (NYSE: CIEN ), for which I recommended a buy rating, as I see this business as a clear beneficiary of the AI demand cycle, this post is to provide an update onI 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 companie ...