Better Buy: Lumentum vs. Intel Corporation
Intel (NASDAQ: INTC) and Lumentum (NASDAQ: LITE) provide crucial electronic components for multiple industries. Intel is the world's top manufacturer of CPUs for PCs and data centers, and Lumentum manufactures optical products for carriers and laser components for various markets.
Both stocks dipped just over 10% since the beginning of the year, but easily outpaced the S&P 500's 20% decline during the same period. That relative strength might seem surprising, since the novel coronavirus (COVID-19) pandemic is disrupting supply chains and delaying orders. Let's examine both stocks to see if they're actually resistant to the coronavirus crisis, and if one is a better buy than the other.
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Source Fool.com
