3 Stocks Worth Buying After Recent Broker Ratings Upgrade

Broker rating upgrades and robust earnings growth forecasts put PENN, CC and LITE in the spotlight as three stocks to buy now.

Zacks Investment Research • 11 hours ago

Why analysts are backing optical networking stocks like Lumentum now

Alphabet's latest earnings report has renewed optimism for companies like Lumentum supplying optical networking and data center components, even as investors scrutinize the rising cost of artificial intelligence infrastructure. While some investors focused on Alphabet's higher capital expenditure plans, Stifel analysts said the company's results reinforced expectations that AI infrastructure spending remains robust.

Invezz • Jul 23, 2026

Lumentum: AI Shovel With Premium Growth Prospects; Dip Buying Opportunity Ahead

Lumentum has proven its AI beneficiary status, thanks to the hyperscalers' growing demand for high-speed interconnections at a time of multi-year data center boom. These underscore the ongoing capacity expansions, the improved pricing power, and the accelerating FQ4'26 growth guidance against historical trends. The stock trades at an expensive P/E of 93x, albeit with the rich adj EPS growth prospect at a 3Y CAGR of +140.9% justifying the premium relative to peers.

Seeking Alpha • Jul 23, 2026

Lumentum and 5 Other Stocks Set to Benefit Most From Big Tech's AI Spending Spree

Google's AI spending may be spooking markets but it will benefit a number of stocks linked to the buildout of data centers.

Barrons • Jul 23, 2026

Optical Stocks: The AI Trade's Wildest Ride Snaps Back

The AI-optics theme is as durable as any in the market.

Zacks Investment Research • Jul 22, 2026

Why Lumentum (LITE) is Poised to Beat Earnings Estimates Again

Lumentum (LITE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research • Jul 21, 2026

3 Photonics Companies Making Quantum Tech Possible

All of a sudden, photonics seems to be one of the hottest fields among tech enthusiasts. Optical and photonics technology is massively important for AI applications that must field tremendous data throughput that exceeds the limits of traditional wiring.

MarketBeat • Jul 21, 2026

Lumentum's stock just got a lot more interesting — and Barclays has turned bullish

A Barclays analyst now recommends Lumentum's stock after a period of substantial underperformance relative to the broader chip sector.

Market Watch • Jul 20, 2026

Why I'm Buying Lumentum After The AI Optics Pullback (Rating Upgrade)

Lumentum's 15% pullback followed the Russell index removal and sector-wide profit taking rather than deteriorating AI optics demand or fundamentals. Concerns over co-packaged optics timing compressed valuations, but Nvidia's optical roadmap continues supporting long-term photonics adoption and demand. Consensus expects revenue to grow from $3.0 billion in FY2026 to $11.6 billion by FY2029, making execution increasingly critical.

Seeking Alpha • Jul 20, 2026

Lumentum Is the S&P 500's Top Performer Today. Here's Why.

Barclays upgrades Lumentum stock to Overweight on Monday following a months-long selloff.

Barrons • Jul 20, 2026