Jim Cramer on Lumentum: “We’ll Play With the House’s Money”

Group 1 - Lumentum Holdings Inc. (NASDAQ:LITE) has recently experienced a surge in stock price after years of stagnation, prompting discussions on whether to hold or sell the stock [1] - The company produces optical and photonic products, including chips, components, and lasers, which are essential for cloud data centers, AI infrastructure, and various manufacturing sectors such as semiconductors, solar cells, and electric vehicle batteries [2] - Invesco Small Cap Value Fund highlighted that Lumentum reported better-than-expected revenue and earnings for its recent quarter, along with record orders for its data communications laser chips used in data center applications [2] Group 2 - Despite the positive outlook for Lumentum, some analysts believe that certain AI stocks present greater upside potential and carry less downside risk [2]