Jim Cramer on Lumentum (LITE): “I Don’t Want You to Be in It”

Group 1 - Lumentum Holdings Inc. (NASDAQ:LITE) designs and sells optical and photonic products, including lasers and components, for cloud networking, data centers, and industrial applications [2] - Jim Cramer described Lumentum as a "red-hot spec stock" that is profitable, but cautioned that it should be recognized as a speculative investment [2] - Cramer expressed skepticism about holding Lumentum, suggesting that while it is a better company than its predecessor JDSU, he does not recommend staying invested in it [1][2] Group 2 - The article suggests that certain AI stocks may offer greater upside potential and carry less downside risk compared to Lumentum [2] - There is a mention of a free report on undervalued AI stocks that could benefit from Trump-era tariffs and the onshoring trend [2]