‘Insatiable’ Demand Is Powering This ‘Picks and Shovels’ AI Stock up 245%. Should You Buy It Here?
Over the past 52 weeks, shares have climbed 254%, with a breathtaking 307% surge in just six months. That’s the kind of momentum that usually signals a shift in a company’s long-term trajectory. Trading volume has picked up noticeably, confirming strong confidence underneath the rally.This year, Lumentum emerged as a standout beneficiary of the AI infrastructure boom. Shares of the optical components manufacturer spiked and hit $300 recently before easing slightly, a breather after a stunning run fueled by ...