In a volatile, headline-driven market, investors have been reluctant to stand by "story stocks," particularly those in the frothy technology sector. That has precisely been the case for POET Technologies Inc. (NASDAQ: POET), which has struggled to regain momentum after a sharp selloff from its 52-week high of $9.41.
Trading around $6, POET has an interesting story to tell, which ensures the company has more going for it than pure speculation. The fabless semiconductor company is attempting to build a better mousetrap for the photonics industry. POET's business is built on its Optical Interposer that integrates electronic and photonic components in a way that reduces cost, power use, size, and assembly complexity.
