Better Buy: Lumentum vs. Texas Instruments
Lumentum (NASDAQ: LITE) and Texas Instruments (NASDAQ: TXN) are both major supply chain players in the tech sector. Lumentum produces optical chips and lasers, and TI sells chips to automotive, industrial, consumer electronics, and communication infrastructure companies.
Both companies have suffered disruptions during the COVID-19 crisis, but their stocks stayed resilient: Over the past 12 months, Lumentum's stock has risen nearly 50% as TI's stock advanced more than 20%. Let's see why Lumentum stayed ahead of TI, and whether or not that trend will continue.
Image source: Getty Images.
Source Fool.com