Back in mid-December, I thought Ciena (CIEN) looked like a good buy-the-dip opportunity.
Even with the post-earnings pullback on Thursday, the shares are still
up about 15% since that piece, nearly tripling the return the S&P
500. I am bullish about the company's partnership with Ericsson (ERIC)
and its prospects for growing its global 100G share. At the same time,
though, that is going to be a long-term process and I don't see as much
undervaluation in the shares as I did three months ago.
Follow this link to continue:
After A Solid Rebound, Ciena Isn't Quite As Appealing
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