Following my coverage on Ciena Corporation ( CIEN ) in October '23, in which I recommended a buy rating given the solid fundamentals, execution of major projects, and an expanding TAM, 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 b ...