Bought some more INFN

I think Infinera is going to have a good quarter. I also think this price is really good and the Metro market and Data centers should give a nice boost to earnings.



Having trouble not nibbling on this whenever it drops below $15…

Everything I have read about INFN [largely from this board (directly and indirectly] over the last 6 months or so makes me a believer in the story. Feb 11th will help validate my feelings as as correct or not……

4 Top Stocks to Buy Now That Did or Can Blow Away Earnings


This is solid play for investors in data networking. Infinera Corp. (NASDAQ: INFN) provides Intelligent Transport Networks for network operators, enabling reliable, easy to operate, high-capacity optical networks. Infinera leverages its unique large-scale photonic integrated circuits to deliver innovative optical networking solutions for the most demanding network environments. Intelligent Transport Networks enable carriers, cloud network operators, governments and enterprises to automate, converge and scale their data center, metro, long-haul and subsea optical networks.

The company blew away earnings in the most recent quarter and is expected to release its latest results in early February. Infinera also provided forward guidance that was very strong. Jefferies feels that the hot Facebook numbers, along with the increased capital expenditure guidance, could prove to be a positive for Infinera.

The fact the company is leveraged to data center interconnect market makes it a top small cap stock to consider for the huge spending for data center optical, which many think will be $4 billion to $5 billion, as well as $5 billion to $6 billion for the metro spending.

The whopping $30 Jefferies price target is higher than the $26 consensus target. The stock closed Thursday at $14.34…