Martin Vlcek
Contrarian, growth at reasonable price, macro, small-cap

Oclaro Overdelivers On Its Promises As Turnaround Continues - More Upside Ahead

A lot has happened since I last reported on Oclaro, Inc. (NASDAQ:OCLR), NeoPhotonics (NYSE:NPTN) and other 100 Gbit networking plays in October 2013. The 100 Gbit segment continues to surge. Oclaro is up more than 50%. It has recently surpassed the $3 per share hurdle and is hesitating there a bit. Therefore, this is a perfect time to revisit Oclaro, analyze its most recent developments and future prospects to determine whether Oclaro has further upside and how high is the potential. My conclusion is simple: Oclaro still has plenty of long-term upside potential if it continues to execute as well on its growth strategy as it has executed so far on its turnaround strategy.

Oclaro's position...

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