JDS Uniphase Corp (NASDAQ:JDSU)

340. JDS Uniphase Corp. (NASDAQ: JDSU) has the short sellers in full retreat! Run for the hills my boys! They cracked the wip at 4pm last night and sent the stock up 5%+ after a day of 3%+. What's it worth? They beat earnings estimates by 50%. Price targets were raised, silly analysts. These are the guys that were dropping them in August. Are we predicting the current price plus 20% instead of using financial models Stifel Nicolaus? Looks like it. This company was doing really well before those darn floods. I am a fan of long term earnings and short termers appear to have gotten a little carried away. I vote they bounce back. Target: $14-$19. Outperform.

http://beta.fool.com/bradford86/2012/01/28/pick-your-price-target-55/1366/

http://www.fool.com/investing/general/2011/12/27/buy-sell-or-hold-jds-uniphase-today.aspx

I'm a long-term bull on JDSU and many other high-speed networking stocks. The high backward-looking P/E ratio notwithstanding, I wouldn't mind picking up a few shares here. It's a buy, but not a back-up-the-truck slam dunk.

Streaming video, mobile, cloud etc.. It will force the telecom world to spend more in infrastructure. JDSU is positioned to take advantage of it. In addition, gesture is going to be one of the UI in the coming years for tv etc. JDSU has a hand in that also.

Technical Monthly

near 52-week low. Growth of internet and iCloud should drive growth of telecom once economy settles.

company has solved a number of problems-is a leader in the industry--and this industry, as reviewed by sophisticated analysts- is poised for future growth-JDSU wil be a be leading player in this space

Dave Sauberman

The analysts put a strong buy on JDSU when it was at $21 and dropped all the way down to the mid $15s. They can't seem to get over the huge losses they cost people years back. At the slightest sign of trouble the stock price tanks. The short sellers had a hay day the last few months on this one.

If they continue with the layoffs of their knowledgebase every half, they will be even less competitive than they are now.

Technical Pullback Likely

Just a guess

bandwidth build up

Has the technology that supports cutting edge growth in telecom

Constant internet traffic growth.

JDSU crashed with the bursting of the Internet bubble in 2001-2002, but managed to hang on, and continue developing optical products necessary for the continuing buildout of the internet infrastructure.
Optical is the way to go, being more secure, robust, and higher bandwidth than any RFI-based technologies. They had their trial by fire, survived it, and are now poised for remarkable growth in the next buildout and upgrade wave.

This is the EXACT same stock and company as it was 6 months ago and a year ago. Same people moving the same chess pieces they've been moving for a long, long, unprofitable while. The fiber optics business, the only segment that is supposed to be profiting from this forecasted massive demand for bandwidth, has been commoditized for a long while and is a flat out unprofitable business from a gross margin standpoint. Thus, even if you grant them a large increase in revenues, which is NOT a given, you STILL have to see them find a way to cut expenses above and below the line, a set of actions they've never been able to pull off...SO WHY DOES ANYONE THINK THEY'LL BE DOING SO NOW, OR GOING FORWARD?
This stock will be back to under five dollars as soon as the telecom/optics pumpers get exposed, and investors start doing some FUNDAMENTAL analysis rather than technical. They've been BARELY cashflow positive for a short time, so again, why does anyone expect anything but the same. There's been no change in their products, no acquisitions, no divestitures of nonprofiable channels, so the idea of JDSU returning to earth is just a matter of when the lustre rubs off this industry...and JDSU is one stock that will PLUMMET.

Just don't sell us is always good to have in the mix. Currently very strong - excellent recovery after restructuring.

trend just added to list

Jdsu Is involved in 3d tech.

a good company is a rising ocean