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How Applied Optoelectronics Inc. Stock Rose 46% Last Month [The Motley Fool]

APPLIED OPTOELECTRONICS (AAOI)  More Company Research Source: The Motley Fool
Last applied optoelectronics earnings: 8/7 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
PDF The maker of optical networking components and modules surged thanks to two constructive analyst notes near the end of May. Anders Bylund ( TMFZahrim ) Jun 12, 2018 at 12:58PM What happened Shares of Applied Optoelectronics ( NASDAQ:AAOI ) gained 46.3% in May, according to data from S&P Global Market Intelligence . The optical networking specialist's stock traded modestly higher until the very end of the month, when a pair of rosy analyst notes unlocked a 31% price surge in the last two days of May. So what Analyst firms D.A. Davidson and Raymond James agreed that Applied Optoelectronics looked way too cheap at the end of May. Davidson's Mark Kelleher argued that the company holds a significant competitive advantage by virtue of its long business history and technically difficult manufacturing operations. Raymond James analyst Simon Leopold [Read more]

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