Since April 23rd, the leaders in photonics:
Sivers → +190%
LPKF → +47%
Soitec → +42%
$Applied Optoelectronics(AAOI)$ → +28%
$COHERENT(COHR)$ → +12%
$Lumentum(LITE)$ → +2%
The thesis played out: the underappreciated chokepoints delivered the biggest gains.
Now the debate is on $Applied Optoelectronics(AAOI)$ — clear upside, but is it still early or already priced in?
What's your market cap expectation for $Applied Optoelectronics(AAOI)$ ? The tape is watching...

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