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Stock impact report

Jim Cramer Discusses the 90% First Quarter Rally for Lumentum Holdings [Yahoo! Finance]

Lumentum Holdings Inc. (LITE) 
Last lumentum holdings inc. earnings: 2/4 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
laggards for the first quarter . Cramer mentioned the company's recent addition to the S&P 500, as he remarked: Next up, the second-best performer in the S&P was Lumentum Holdings. That's a fiber optics play that just got added to the index last week, hence the 90.7% gain in the first quarter after the stock quadrupled last year. As long as the AI data center build-out continues unabated, I think these fiber optics stocks can keep winning, although maybe not as much as they've been winning over the last 15 months. Still, good for them. Welcome to the big show, Lumentum. A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels Lumentum Holdings Inc. (NASDAQ:LITE) designs and sells optical and photonic products, including lasers and components, for cloud networking, data centers, and industrial applications. Cramer mentioned the company during the March 12 episode and said: If you're looking for groups to buy in Show less Read more
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