HomeInvestingOptionsLumentum (LITE) Has "Attractive Valuations," Initiated With Buy Rating At BoFA
Lumentum (LITE) Has "Attractive Valuations," Initiated With Buy Rating At BoFA

Lumentum (LITE) is a provider of optical and photonic products. George Tsilis discusses LITE as it was initiated with a buy rating and a $105 price target at BoFA. The BoFA analyst cites "attractive valuations" at eleven times forward earnings. George compares LITE to FLEX, IPGP, and QRVO. He then demonstrates an example trade using LITE. Tune in to find out more.

Trading 360

06 Sep 2022

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