Top stocks to watch: why fiber optics leader lumentum offers 2 new buy points

Top stocks to watch: why fiber optics leader lumentum offers 2 new buy points


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Fiber-optic leader Lumentum (LITE) is rapidly moving up the right side of a new base after recapturing a key level in the current coronavirus stock market rally. The stock's relative


strength line is near its highs Thursday, indicating strong potential as a market leader. Lumentum is a member of the IBD Sector Leaders list. On Thursday, Lumentum gained more than…