Alpha Picks Latest 03.16 Stock Recommendations Are Here: $LITE. This time, it has become a buy as it gets hotter. Let me summarize their buying rationale in one paragraph:

Lumentum is a global leader in optical communication, having received a $2 billion investment from Nvidia, and will be included in the S&P 500. Revenue has increased by 65.5% year-over-year, and performance has greatly exceeded expectations. Institutions expect a compound growth rate of 100% over the next 3-5 years, with a PEG of 0.82 providing good value. Cash reserves are over three times the industry average.

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