[laughs]. Oh, by the way, shares of Coherent are up 70% year-to-date. Goodwill is one of those things you could view any number of ways, ultimately, even if they take impairments, then you just looked at it through an adjusted lens, we're living under an adjusted world now, Chris, though, I don't know. I understand them coveting that laser side of the business; I absolutely get that. Here's a technical look at the Nio stock chart. If you have this perception that stocks only go up and price doesn't matter, listen, I've got news for you, that's not necessarily the case. This is something where they're going to be paying around an EV to EBITDA of 60 times. With everything that Coupa is doing well, again, at 35-40 times sales, you just have to be aware that with any of these companies that you're buying, so when you see great results, investing is really all about the future. Industrial lasers have an exciting future, even if 2020 is a total drag. Interesting LITE Put And Call Options For May 21st Stock Options Channel Staff - Friday, March 19, 1:37 PM. Apple's latest iPhone could cast a spotlight on these top supply chain players. Nio Inc. (NYSE: NIO) lost ground Thursday, ending the session down 3.67% at $35.66. Then as you noted, this went back and forth with a few different companies, and really it all blows down to what Coherent does well. This represents a big opportunity and that's something that Lumentum does, but it's a very small part of their business. I mean, I have recommended Lumentum and II-VI as stocks for members over the course of the years. We'll see you tomorrow. They came to an agreement. San Jose, CA 95131 Cumulative Growth of a $10,000 Investment in Stock Advisor, Stock Market News: Investors React to Lennar's and Coupa's Reports; Coherent Bidding War Continues @themotleyfool #stocks $LEN $HD $BA $CRM $NSRGY $MKSI $COHR $LITE $COUP, Stock Markets Tread Water as Twitter Subscription Rumors Swirl; Lennar Rises on Housing Hopes, Copyright, Trademark and Patent Information. This jump is commonly known as a "buyout premium.". LITE earnings call for the period ending December 26, 2020. Moser: Lennar definitely has a presence in some areas around the country more than others. One of the metrics they used to really hammer home how business is growing and how many companies are jumping onboard and what they're spending through that Coupa platform, the cumulative spend under management is now at $2.3 trillion versus $1.7 trillion a year ago. We've actually talked about Coupa's earnings report on this show, I believe. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. LITE earnings call for the period ending March 31, 2019. The single most important factor in a company's success is the team that's leading the company, Lumentum Holdings Inc (LITE) Q2 2021 Earnings Call Transcript, Why Lumentum Stock Plummeted While Coherent Stock Skyrocketed Today, Better Buy: Lumentum vs. Texas Instruments, These 5 Apple Suppliers Will Profit From the iPhone 12, Why Ciena Stock Just Crashed 23% -- and Took Infinera, Lumentum, and II-VI Down With It, Better Buy: Micron Technology vs. Lumentum, Lumentum Holdings (LITE) Q3 2020 Earnings Call Transcript, The 3 Stocks on the MFM Team's Radar This Week, Why Lumentum Shares Rocketed 88.8% Higher in 2019, Why Lumentum Holdings' Stock Gained 17% Last Month, Why Lumentum Holdings Stock Climbed 32% in June, Why Lumentum Holdings Stock Dropped 10% Today, This Is How Oclaro, Inc. Stock Rose 32.5% in the First Half of 2018, How Lumentum Holdings Inc. Shares Jumped 17% Higher Today, Why Infinera Corp. Stock Is Soaring Today, Lumentum Holdings (LITE) Q2 2020 Earnings Call Transcript, Lumentum Holdings (LITE) Q1 2020 Earnings Call Transcript, Lumentum Holdings (LITE) Q4 2019 Earnings Call Transcript, Lumentum Holdings (LITE) Q3 2019 Earnings Call Transcript, Lumentum Holdings Inc (LITE) Q2 2019 Earnings Conference Call Transcript, Lumentum Holdings Inc (LITE) Q1 2019 Earnings Conference Call Transcript, Copyright, Trademark and Patent Information. Also, Coupa Software (NASDAQ:COUP) delivers a surprise profit in the fourth quarter, but shares still sell off. If you were somewhat OK with the deal as Lumentum shareholder when it was $5.7 billion, are you less OK with it now? U.S. stock futures rose on Thursday ahead of data that is likely to show a drop in weekly jobless claims, while the technology-heavy Nasdaq looked set to rebound after a 2% drop in the previous session. Just always remember that the price does matter and you want to take that kind of stuff into consideration when you're looking at these kinds of businesses. LITE earnings call for the period ending December 29, 2018. I think, again, going back to what I said earlier, I think that if you're looking at the homebuilder spaces, it probably needs to be the first one you consider just based on its size and position in the market. When you look at the acquisition they made there of LLama, they're bringing on customers including Boeing and Denon and Home Depot and Nestle. The Nasdaq Composite index plunged 3.02% while the S&P 500 lost 1.48%. Coupa is to business spend management are down nearly 20 % since then more than others lot more apparent do. Share in cash and 0.61 shares of Coherent are up 70 % year-to-date the. To understand how that plays into it could cast a spotlight on these top supply chain.. 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