Light Reading Picks Top 10 Optical Stocks For 2001
Updated: Tuesday, January 16, 2001 10:26 AM
Elements of Technology, Company Management, and Financial Analysis Examined To Identify Optical Stocks That Could Rebound With a Fury in 2001
NEW YORK, Jan. 16 /PRNewswire/ -- Light Reading (http://www.lightreading.com), the premiere information resource for the booming optical networking, has identified a list of the Top Ten Optical Stocks for 2001-a list of the public companies most likely to reward investors in the coming year.
The report, researched by Light Reading editors, employs the team's unique analysis of company leadership, technology strategy, and financial information to pick some winning combinations for the New Year.
"This is all about our multifaceted approach to analyzing leading technology companies," said Scott Raynovich, Executive Editor of Light Reading. "It's not just about fundamentals, it's also about company leadership and emerging technology trends. The optical sector is in its infancy, and these players are leaders in a market that's experiencing hypergrowth. When the markets rebound, these stocks will be back to the races."
The list contains leading optical components, systems and contract manufacturing players, with an emphasis on components. In 2001, Light Reading believes the financial markets will focus on optical components players, which are delivering fundamental technological innovation that will lower cost of bandwidth and drive broadband applications and services.
Light Reading's Top Ten Optical Stocks are:
1) Avanex (Nasdaq: AVNX, news, msgs) - A leading DWDM components manufacturer that
counts Nortel, Cisco, Corvis, Sorrento Networks, Sycamore Networks,
and WorldCom among its customers.
2) Optical Communications Products Inc. (Nasdaq: OCPI, news, msgs) -- One of the
primary suppliers of components to Cisco's optical unit, this spin-off
of Japanese electronics giant Furakawa is one of the most undervalued
optical components stocks.
3) Xilinx (Nasdaq: XLNX, news, msgs) - A leading producer of Field Programmable Gate
Arrays (FPGAs), chips that enable networking companies to quickly
build systems. This profitable fast-growing company is trading at an
attractive multiple to sales and profits.
4) New Focus (Nasdaq: NUFO, news, msgs) - An emerging producer of high-end laser
equipment and components for the optical industry.
5) Ciena (Nasdaq: CIEN, news, msgs) - Leading optical networking systems vendor make
significant progress in 2000 and is developing an integrated optical
portfolio for the present needs of telecommunications carriers.
6) Osicom Technologies (Nasdaq: FIBR, news, msgs) - Parent company of emerging
metropolitan optical networking company Sorrento appears undervalued;
management will likely find a way to unlock the value of subsidiary
Sorrento in 2001.
7) Sycamore Networks (Nasdaq: SCMR, news, msgs) - Software focus and the ability to
quickly provision high-bandwidth connections should help differentiate
Sycamore from a crowd of competitors. Management's track record speaks
for itself, and recent price dip makes shares attractive.
8) JDS Uniphase (Nasdaq: JDSU, news, msgs) - Optical components giant should resume
growth mode once it digests significant acquisitions and Department of
Justice approves merger with SDLI.
9) Solectron (NYSE: SLR, news, msgs) - One of the leading contract manufacturers for
networking and telecommunications producers continues to churn out
impressive profits.
10) Juniper Networks (Nasdaq: JNPR, news, msgs) - The IP routing specialist
continues to gain market share from Cisco and has added to its
product portofolio. Juniper is a leader of the networking sector and
needs to be considered by anybody looking to invest in the future of
broadband.
Light Reading's Top 10 Optical Stocks joins a growing family of Top 10 lists that have become a feature of the fast-growing web site. Other lists include its Top 10 Movers and Shakers, which identifies the people that exercise the most power and influence in the optical networking industry, and Light Reading's Top 10 Private Companies, which identifies the hottest IPO prospects among optical startups. Other Top 10 Lists are in the pipeline.
The full Top 10 Trends report can be found at
lightreading.com |
