Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry. This column originally appeared on March 10 on Real Money, our premium site for active traders.
Category: Finisar
Optical Component Stocks Might Deserve a Look Following Finisar’s Tumble
For all the good news that optical component suppliers have seen over the last 12 months or so, it’s been hard to forget the fact that many of the telcos that have historically accounted for a big portion of optical equipment spending aren’t seeing much growth, and spending accordingly. Or that the industry in the past has been quite cyclical, with major growth spurts followed by sharp downturns.