Shares of the company have shot up a remarkable 84% since the release of its fiscal 2024 results on Aug. 14, 2024. Let's see what has caused this parabolic jump in Lumentum's stock price and check if it can sustain its terrific momentum in 2025 as well.

Rather than focusing on quarterly earnings beats or temporary market sentiment, my investment strategy centers on identifying companies that can compound value over many years or even decades. While many view the current AI boom skeptically,

Artificial intelligence (AI) developments have accelerated in the last few years. Just a few years ago, AI typically referred to machine learning models that predicted the next best thing to do. Anything from facial recognition to what you see next in your Instagram feed is driven by machine learning algorithms.

The Nasdaq Composite has been gaining ground for more than two years now. Its rise was driven by the dawn of artificial intelligence (AI), a U.S. Presidential election, declining inflation, and the beginning of long-awaited interest-rate cuts.

The early 2024 enthusiasm for Micron Technology (NASDAQ: MU) had some real truth to it. Micron makes both DRAM memory and NAND flash storage, but DRAM makes up the majority of its revenue, at 73%. With the rise of artificial intelligence,