5 Reasons Infinera Will Head Higher in 2020
Infinera's (NASDAQ: INFN) stock more than doubled over the past six months as the optical systems provider demonstrated accelerating revenue growth, expanding gross margins, and a new lineup of products.
I previously nudged investors to accumulate shares of Infinera in August and November, and I still think that this cyclical stock could surge higher in 2020, for five simple reasons.
Infinera's core products help carriers boost their network capacities without laying down additional fiber. This market is split into long-haul products, which cover longer distances, and short-range products like metro and DCI (data center interconnect) solutions.
Source Fool.com
