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This AI Stock Has Soared 1034%: Is It Still a Buy?

The stock has exploded higher, but the company's artificial intelligence infrastructure story may still be unfolding. See why Wall Street remains bullish despite the valuation risk.

This AI Stock Has Soared 1034%: Is It Still a Buy?

This AI Stock Has Soared 1034%: Is It Still a Buy?

Published June 12, 2026 · Category: Finance

Overview

Lumentum (NASDAQ: LITE) has become one of the market's most dramatic artificial intelligence infrastructure stories. The stock has soared, revenue growth is accelerating, and Wall Street still sees upside. But with expectations already sky-high, investors now face a critical question: can the company grow fast enough to justify the rally?

Stock prices used were the market prices of June 1, 2026. The video was published on June 11, 2026.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.