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Barchart

Jim Van Meerten

Short Sellers Are Betting Against Lumentum Stock. Will They Be Proven Right?

Lumentum LITE Barchart Morningstar Optical Communications Value Line

Lumentum (LITE) has surged 340% over the past year, driven by strong technical momentum.
The stock recently set a new 10-year high.
Shares maintain a 100% “Buy” opinion from Barchart.
Analyst sentiment is bullish, with most rating LITE a “Strong Buy” although price targets vary widely.

Today’s Featured Stock

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