JDS Uniphase Corp
Editor's Note: This article originally mentioned Verisign is only spending $5 million in marketing in 2013. That was incorrect and has been removed. Motley Fool apologizes for the error.
The consensus analyst decrease in price targets for a number of technology stocks is being ignored by investors. Despite a downward revision in the target price, shares of Garmin (NASDAQ: GRMN), Verisign (NASDAQ: VRSN), and JDS Uniphase (NASDAQ: JDSU) are more »
I'm a bit bemused by the goings on at Ixia (NASDAQ: XXIA). The stock has taken a fearful battering recently after announcing accounting irregularities that reduced 2012 income and will hit revenues in Q1 2013. It sounds grim enough but in actuality no contracts have been lost. No cash flows have been foregone and -at least for now- the only major impact appears to be over the timing of more »
Time indeed flies fast. The first quarter of 2013 is already behind us, and it proved to be a great one for the markets. The broader market rally left investors who had their money in the right stocks richer, but, quite naturally, there were some laggards as well.
A 13G filed with the SEC has revealed that Citadel Investment Group, a large hedge fund managed by billionaire Ken Griffin, owns 5.2 million shares of Ciena (NASDAQ: CIEN), a $1.7 billion market cap communications equipment and software company. This comes out to 5.1% of the total shares outstanding. We track quarterly 13F filings from hedge funds such as Citadel as part of our work researching investment more »
Finisar Corporation (NASDAQ: FNSR) is a leading provider of optical subsystems (transmitters, receivers, transceivers, transponders) and components that are used in data communication and telecommunication aapplications.
The demand for these products is mainly driven by growth in demand for bandwidth by enterprises and service providers. The demand for bandwidth is expected to continually grow due to the increasing use of videos, photos and digital information, not to mention more »
If you want to see some real life, zero-turns-hero instances, look no further than the stock markets. Just six months back, analysts were critical of communications equipment maker Ciena (NASDAQ: CIEN), slapping the stock with rating downgrades. Even myopic investors had joined them then, after the stock missed estimates and panic selling shaved 20% off its market capitalization. But, Ciena’s business is such that it would ultimately do well more »
When 2012 ended, there was a feel-good factor about optical networking stocks JDS Uniphase (NASDAQ: JDSU) and Finisar (NASDAQ: FNSR), both of whom I had expected would perform well this year. An uptick in telecom spending was supposed to be the primary catalyst behind the performance of both these companies, and Uniphase proved that the recovery is for real with a stellar quarterly report in January.
Uniphase’s management sounded more »
One of the simplest ways to get an overview of a company's operations is through a SWOT analysis. Here, the main strengths, weaknesses, opportunities, and threats of the company are laid out for all to see. Having dropped 15% on negativity surrounding a downgrade from Stifel Nicolaus and a slight earnings miss, fiber laser producer IPG Photonics (NASDAQ: IPGP) has seen happier days. However, with guidance largely more »
The day on which semiconductor player Analog Devices (NASDAQ: ADI) closed in on its 52-week high turned out to be the day when it posted disappointing earnings. The company missed estimates on both top and bottom lines and issued a cloudy forecast for the ongoing quarter. Analog’s revenue estimate of $647 million to $672 million for the current quarter is behind the consensus of $666 million at the mid-point more »
This week I have gone for a former IPO darling that ultimately fell flat on its face, but now looks fit-and-ready to challenge once more. Fabrinet (NYSE: FN) debuted in 2010 at a discount to its initial IPO price, but soon found its feet to rapidly ascend to $32.91. However, the joy wasn't to last, and it subsequently entered a steady decline, ultimately visiting its IPO lows in more »
In the first week of January, I had written about two stocks that I believed were nicely positioned to benefit from higher telco spending this year. I was quite confident about their prospects, given their solid products and the industry in which they ply their trade. But I’d never thought that one of them would shoot through the roof after a solid earnings report.
A perfect report
Optical networker more »
It has been whispered for the last couple weeks that an increase in capital expenditures (CAPEX) for future benefits from large tech and telecom related companies would benefit telecom equipment and other optical component companies. However, markets have been slow to react as the companies set to benefit have yet to raise guidance or announce earnings. But on Thursday we got our first hint of what’s to come when more »
Optical networker JDS Uniphase (NASDAQ: JDSU) proved to be the pick of the industry in 2012, appreciating almost 30% even though telecom spending wasn’t in the best of health. In comparison, peer Finisar (NASDAQ: FNSR) started the year strongly like JDS Uniphase but gradually fell from grace as 2012 progressed, finishing the year almost 3% down.
Finisar Turning the Tables
However, there are indications that the tables may turn more »
The leader in communication equipment, JDS Uniphase Corporation (NASDAQ: JDSU) has been recognized the second time with the Frost & Sullivan's Global Market Share Leadership Award for its fiber optic and Ethernet communications test solutions. This is an attestation to the company's exemplary work in the field of innovation. It has also earned the 2012 Excellent Core Partner Award from Huawei for Optical Transport and Transmission Solutions. This honor more »
On the surface of it, things at telecommunication-equipment provider Finisar (NASDAQ: FNSR) are not great. Finisar's fiscal second-quarter earnings, reported on Dec. 5, fell 95% from the same quarter a year earlier. In addition, investors have taken a hit, with the stock down about 20% this year.
Optical networking company Finisar's (NASDAQ: FNSR) second-quarter report wasn't too much of a surprise, as the company was able to beat estimates that were already quite low. But, more importantly, the quarterly report came with a few pointers that the company is moving in the right direction.
Revenue in the quarter increased 5.2% from the year-ago period to $232 million. This rate of revenue growth seems impressive more »
Optical networker Finisar (NASDAQ: FNSR) is expected to release its second-quarter results on December 5. While Fool analyst Seth Jayson has already briefed us about the boxes Finisar’s report needs to check, I will try to see if the company can do the needful on Judgment Day.
Finisar’s previous quarterly report was the worst a company’s management could dream of. The company missed on both revenue and more »
In the month of November the S&P 500 was virtually flat. However, for five stocks it was a month of incredible returns which led the market with unprecedented gains. But with such large monthly gains, is it time to unload these stocks and take profits, or are there still gains ahead?
Abercrombie & Fitch
45.6 more »
Shares of optical networking companies have had a rocky ride so far this year, which isn’t entirely unexpected if we consider that the global economy hasn’t been in the best of health. A lackluster economy forces telecom companies to spend less, since investments in telecom infrastructure carry a long gestation period, and hence, optical networking companies also find the going tough.
But this doesn’t mean that telecom more »
Nike (NYSE: NKE) is the last company to report results and disappoint the market with its outlook and commentary on emerging markets and China in particular. I think investors have three choices in this sort of situation. They can either react to the reality of the situation, pretend it doesn’t exist or try and take a long term view based on their prognosis for the Chinese economy.
Corporations Need more »
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