Infinera: As Optical Networking Grows, So Too Does The Upside
- Infinera's leading position in optical transport networking is not being adequately reflected in its stock price.
- Historically erratic financial results and concerns of Infinera's position as a mid-size company have hampered its ability to command an appropriate valuation.
- Forward growth is far above that of its peers, when measured by revenue, EBITDA, and EPS, but shares do not trade at a commiserate premium.
- Clean balance sheet, with almost $2 per share in net cash and ample opportunities for capital deployment.