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.

Memories of such downturns were likely fresh on the minds of many optical investors on Friday, as Finisar  (FNSR) fell 22.7% in response to weak results/guidance and took a slew of peers lower with it. But with some of Finisar's problems company-specific and multiple growth drivers still in place for component vendors, bargain-hunters able to stomach some near-term pain might want to give the group a look....866 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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