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Better Buy: Lumentum vs. Finisar


Better Buy: Lumentum vs. Finisar

Optical component specialists Lumentum Holdings (NASDAQ: LITE) and Finisar (NASDAQ: FNSR) have enjoyed similar catalysts and business conditions this year. Both companies have seen their revenue decline due to tepid demand for optical component products in China, but the hope of a design win at Apple for 3D sensing chips has given investors in both optimism, though that is now leaning in Lumentum's favor.

LITE Chart

LITE data by YCharts

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Source: Fool.com

Apple Inc. Stock

€205.15
1.580%
There is an upward development for Apple Inc. compared to yesterday, with an increase of €3.20 (1.580%).
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 9 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 1.88% for Apple Inc. compared to the current price of 205.15 €.
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