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Barchart

Sushree Mohanty

Lumentum Stock Pops. Is More Upside Ahead?

Lumentum Systems LITE

Lumentum Holding (LITE) stock has skyrocketed 240% this year, fueled by a surge in AI-driven demand that has transformed the once-telecom-focused supplier into one of the fastest-growing cloud infrastructure companies. After achieving the strongest quarter in its history and pointing to yet another record quarter ahead, the question at hand now is: after a 240% run, is there still room for more?

A graph of stock market

AI-generated content may be incorrect. — www.barchart.com

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