JDS Uniphase, a $3-billion market cap company, is one of only 48 stocks in the S&P 500 to fall in price in 2013. Most of the bleeding came during the fourth quarter, too, thanks to a weak quarterly report. However, the leading provider of communications test and measurement solutions appears to be on the brink of reporting a strong quarter.
Recent channel checks by Stifel Nicolaus’Patrick Newtonsuggest that the company is experiencing strong sales momentum “across a meaningful portion of its product portfolio.” So much so that Newton felt the need to reiterate his “Buy” rating on the stock.
The company has also been on an acquisition spree. Most recently, it scooped up privately held Network Instruments, which enhances its overall market opportunity by a healthy $1 billion. Ironically enough, JDS Uniphase might go from being the hunter to the hunted.
On the heels of Apple’s (AAPL) recent purchase of 3-D sensor company, PrimeSense, JDS Uniphase is now the last publicly traded leader in gesture recognition technology. And the impetus for a deal is only strengthened given that the stock is trading within spitting distance of its 52-week low. I suggest you act before deep-pocketed institutions and/or corporations do."
Well considering that article if I was you I would mortgage the house, sell all savings, leverage the college funds and put all your money into Jdsu and go long at this price. Since, the person writing the article can't possibly be wrong... He must be right... Or else why would he write such things. Maybe he is wealthy beyond belief, doesn't work or need a job and is writing articles on stocks because he has never been wrong and wants to better all people whom read his thoughts.
Good luck !!