INFN news

Up 5% today on no real news except Saul taking a nibble. (Glad I have been long).

Some random news:
Today analyst pick top growth stocks calls for the week. Adobe, Biomarin, Nike and INFN…


This stock is a very 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.

Wall Street analysts have noted the stock out performance to peers this year and attributed the strength to exposure to faster-growing Web 2.0 and cloud 100G+ optical interconnect markets. The Jefferies team points out that the company’s Cloud Xpress product is getting interest from a significant number of small data center operators, a market many did not initially anticipate.

The Jefferies price target is $27, and the consensus target is at $24.28. The stock closed most recently at $19.40.

4 Top Data Networking Stocks to Buy for the Rest of 2015……

This old one from May 12. (FYI, if IBD posts a link under yahoo news you don’t need a subscription to see it)
How Infinera Can Take On Ciena, Huawei In Networking…

infinera (NASDAQ:INFN) has the potential to challenge several rivals, including Ciena (NYSE:CIEN), for a bigger piece of the fiber optics networking equipment market. That’s the conclusion from Brian Modoff, an analyst for Deutsche Bank, who opened coverage on the company Tuesday with a buy rating, citing its potential to grow in the cloud; its work helping telecoms adopt 100 gigabit ethernet bandwidth speeds on their networks; and data center interconnection demands by companies such as Google (NASDAQ:GOOGL) and Facebook (NASDAQ:FB).

We note that the long haul optical market is highly competitive with Ciena, Coriant, Huawei Technologies, Alcatel-Lucent (NYSE:ALU) and ZTE participating," he wrote. "Hence, new product introductions or adverse changes in Infinera’s customer relationships could negatively impact Infinera’s market share position.

FYI Huawei is pure evil!

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The only “news” that happened today was a joint webinar hosted by Infonetics Research and Stu Elby at Infinera.…

I just watched the entire presentation. It was good and Stu came off very informed, but I can’t see why the webinar alone would cause a 4-5% jump.