Move Over Lumentum Holdings, Alphabet Is a Better AI Play

Lumentum has benefited from AI in the short term, but Alphabet likely has the better long-term opportunity.Artificial intelligence (AI) has created huge winners across the tech industry, with some companies posting triple-digit returns over the past year. Among them is the optical and photonic components manufacturer Lumentum Holdings (LITE +4.07%), which has surged 267% year-to-date. There's no doubt the company's growth has been impressive, and it's possible that its stock could continue to be a winner fo ...