Where Will Finisar Corporation Be in Five Years?

Finisar (NASDAQ: FNSR) has been a tough stock to own over the past year. Shares have fallen almost 30% on soft demand for its fiber optic components in China, exacerbated by a loss of its market share to Lumentum (NASDAQ: LITE) at its big datacom customer Huawei.

In a previous article, I pointed out that Finisar would likely face even tougher headwinds ahead due to the cyclical softness of the Chinese fiber market and rising expenses related to the construction of its new plant in Wuxi, China. But today I'll focus on the more positive catalysts which could lift the stock over the next five years.

Image source: Getty Images.

Continue reading


Source: Fool.com