Applied Optoelectronics: Good Post Lockdown Tech Spending Play

Applied Optoelectronics Inc. (NASDAQ: AAOI), included in our weekly list of top stocks,looks well-positioned to benefit from an expected increase in spending on technology infrastructure. The company’s product portfolio has several products that are at a cusp of multi-year replacement or upgrade cycle. We at Purnha have started to look for stocks that may lead the markets as economies start to open up after the lockdown, a theme that was covered in our previous notes on Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT), and Applied Optoelectronics seems…

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Favorite 5G Stocks, Better To Position For Slower Transition

Transition to 5G is becoming a buzzword and almost every tech name is being touted as a potential beneficiary of the upcoming 5G transitions, be it networking equipment used by telecom companies, semiconductors used in that equipment, testing equipment needed while building up the network to applications that will be able to scale due to the technology itself. Ideally, for any new technology that has gained critical mass for adoption, we would rather focus on companies that could have meaningful revenue growth related to the rollouts and the stock has…

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