3 Great Reasons to Buy Applied Optoelectronics Stock Right Now
Owning shares of Applied Optoelectronics (NASDAQ: AAOI) isn't for the faint of heart. The maker of fiber-optic lasers and networking components has rewarded shareholders with a 410% gain over the last 52 weeks, but that span also included three sudden drops of at least 20%.
If you can live with that kind of hypervolatility without selling your shares in a panic, this might be the perfect time to invest in Applied Optoelectronics. Here are three great reasons why.
Applied Optoelectronics' sales aren't just showing healthy growth right now -- the top line's gains are accelerating. The same holds true for EBITDA profits, adjusted earnings, and pretty much any financial metric you'd care to measure:
Source: Fool.com
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