May not be a name that many investors are familiar with but since its IPO, it has suffered the same issues as most, quick spike and very quick drop, losing investor confidence and seen as trading equity only. Investors are starting to take notice due to its outstanding growth and 140% return for investors in 1 year. Although at its current levels, it is at a very high P/E and above its average Analysts rating, we still think potential is enormous. We will be waiting to see how it reacts after earnings for a better entry level.
Company Description
Acacia Communications, Inc. is engaged in the development, manufacture, and sale of high-speed coherent optical interconnect products that are designed to transform communications networks through improvements in performance, capacity, and cost.
Company Description
Acacia Communications, Inc. is engaged in the development, manufacture, and sale of high-speed coherent optical interconnect products that are designed to transform communications networks through improvements in performance, capacity, and cost.