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Barchart

Ian Cooper

There’s Still Time to Invest in Lumentum’s Optical Networking Momentum

Lumentum LITE Nvidia Marvel Marvell Jensen Huang

Earlier this week, shares of Lumentum (LITE) rallied from about $806 to $1,049. Nvidia (NVDA) CEO Jensen Huang praised Marvel (MRVL), a maker of optical components, as the next potential trillion-dollar company. Not only did that spark a massive rally in Marvell shares, but it also sparked a rally in other optical-component stocks, like LITE.

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