Lumentum's Premium Valuation Ignores Cyclicality And Competitive Pressure

Lumentum Holdings Inc. ( LITE ) is trading well above its long term fundamental value, priced above what its otherwise sound business model justifies in an environment of secular AI demand tailwinds. The risk-reward asymmetry is not favorableI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice Presiden ...