Why We Just Sold Half of Our Stocks
We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.
About Infinera Corporation
Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical WDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. The company provides Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; Infinera DRX series for routers; and Infinera 8600 series for SDN-ready Internet Protocol/MPLS routers. It also offers Infinera CNOS, a hardware-independent network operating system; Transcend software suite; and system software and customer support services. The company also serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. The company was incorporated in 2000 and is headquartered in San Jose, California.
General
Name | Infinera Corporation |
Ticker | INFN |
Exchange | NASDAQ |
Sector | Technology |
Industry | Communication Equipment |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 3,050 |
Highlights
Analyst Target | 10.38 |
Market Cap | 2,078,083,584 |
PE Ratio | -13.96 |
PEG Ratio | -0.76 |
EBITDA | -127,104,000 |
Share Stats
Shares Outstanding | 203,036,992 |
Shares Float | 198,440,039 |
Shares Short | 29,123,629 |
Insider Holdings | 253% |
Institution Holdings | 90.64% |
Highlights
Analyst Target | 10.38 |
Market Cap | 2,078,083,584 |
PE Ratio | -13.96 |
PEG Ratio | -0.76 |
EBITDA | -127,104,000 |
Valuation
Price/Sales (Trailing 12 Mt.) | 1.44 |
Price/Book (Most Recent Quarter) | 4.92 |
Earnings
Civilization 7 makers work with Shawnee to bring sincere representation of the tribe to the game
MIAMI, Okla. (AP) — Shawnee Tribe Chief Ben Barnes grew up playing video games, including “probably hundreds of hours” colonizing a distant planet in the 1999 title Sid Meier's Alpha Centauri.
European Telecom Giants Threaten Legal Action Against Elon Musk's Starlink Over Potential FCC Rule Changes
Several European telecom companies, including Vodafone, Telefonica, and Orange, are considering legal action against Elon Musk's SpaceX if the FCC relaxes radio emission rules for its Starlink system.
Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad
Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...
Edmunds: The most reliable used vehicles under $15,000
Buying a reliable used car, truck or SUV on a $15,000 budget is easy if you know what to look for. Edmunds’ experts have done that homework for you so you can start your search with the five recommended models listed below. RepairPal, a network of automotive repair shops, gives each one a high score for overall reliability. The vehicles also have favorable consumer reviews on Edmunds.
Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy
China has gone out in full throttle to stimulate its economy and analysts are mostly upbeat about its ramifications.
America's Secret New Currency (Buy Alert) - Ad
A new kind of money is coming to America. It's part of a huge shift quietly playing out in the financial system right now, with very little fanfare. It already has the backing of at least 470 banks, as well as the Federal Reserve and US Treasury.
Top 3 Health Care Stocks That May Explode This Month
The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.
JD Vance, Tim Walz Debate Sets A Different Tone, Candidates Discuss Israel-Iran Escalation, Immigration And Economic Agendas: 'If Kamala Harris Has Such Great Plans â¦'
Republican Senator JD Vance and Minnesota Governor Tim Walz clashed on immigration, climate change, and economic policy during the only vice-presidential debate of the 2024 election cycle, highlighting their sharp contrasts on issues like mass deportation, energy production, and Trump's economic record.
Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad
A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.
Elon Musk Joins Fight For Election Reform With Vivek Ramaswamy: What This Could Mean
Elon Musk has publicly endorsed a set of election reforms proposed by Vivek Ramaswamy, describing them as "simple and effective."
Scaramucci Advocates For Harris To Save The Republican Party, Says 'Electing Harris, Defeating Trump Is About Saving The GOP'
Anthony Scaramucci recently expressed his belief that electing Kamala Harris and defeating Donald Trump could be the key to revitalizing the Republican Party.
Have You Collected a "Crypto Royalty?" - Ad
Have you collected a "Crypto Royalty?" If not, you're not alone. "Crypto Royalties" give regular folks the opportunity to collect "royalty-like" income from the cryptos they own. This is my #1 crypto strategy for 2024 -- even though few investors know about them...
Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025
WASHINGTON (AP) — The IRS is expanding its program that allows people to file their taxes directly with the agency for free.
Ex-Jaguars worker who stole $22M from team sues FanDuel, saying it preyed on his gambling addiction
A former financial manager for the NFL's Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million, saying the betting company preyed on his gambling addiction.
Details on the U.S. $7,882 Stimulus - Ad
The U.S. Government recently announced a new "stimulus program"...And it could hand you a payment for as much as $7,882 -- each quarter. See, it has to do with a leaked 19-page memo...Better still, you can collect these payouts every single quarter -- for life...I call this the "Stimulus Stipends" program.
Before you sign up for a store credit card, know what you're getting into
NEW YORK (AP) — When Mykail James was 19 and working a holiday job at Victoria's Secret, she took out a store credit card with a $2,000 credit line.
Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity
When Cindy Taff was a vice president at the giant oil and gas company Shell in Houston, her middle schooler Brianna would sometimes look over her shoulder as she worked from home.
New "Living Missile" to Replace Nuclear Missiles - Ad
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Days after Hurricane Helene, a powerless mess remains in the Southeast
AUGUSTA, Ga. (AP) — Sherry Brown has gotten nearly the entire miserable experience at her home. She's out of power and water. There is a tree on her roof and her SUV. She is converting power from the alternator in her car to keep just enough juice for her refrigerator so she can keep some food.
Memecoin Inspired By Baby Hippo 'Moo Deng' Jumps 700% Since Launch, Market Cap Surges Past $190M
After melting hearts with her cute mannerisms, viral internet sensation "Moo Deng" is helping cryptocurrency traders multiply profits. What happened: The adorable baby hippo has been charming social media users and attracting long queues at the Thailand zoo where she is housed, ever since the first few videos of her playful nature surfaced.
Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad
Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.
Chinese Cities Plan To Ease Home Buying Limits To Boost Struggling Real Estate Sector: Report
Major Chinese cities Shanghai and Shenzhen are poised to lift significant home purchase restrictions in the coming weeks, aiming to attract buyers and revitalize their struggling real estate markets.
Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
WASHINGTON (AP) — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next.
Our No. 1 Stock for the Rare "Millionaire Window" Opening Now - Ad
According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires -- in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.
Home Depot Agrees To $2M Settlement In Customer Overcharging Lawsuit
Home Depot has agreed to a settlement of almost $2 million to resolve allegations that it overcharged customers at checkout.
Far From Fast: Shein's Overseas Odyssey Hits Fresh Obstacles
Key Takeaways: A politician in Britain’s ruling party is calling for a review of Shein’s London IPO bid and a ban on goods sourced from Xinjiang A proposed U.S. move to revoke a tax exemption for low-value goods could add 20% or more to Shein’s prices By Lee Shih Ta
Sell This Stock Before Election Day - Ad
Since the AI investing trend kicked off last year, the line between U.S. politics and the U.S. stock market has never been thinner. One 50-year Wall Street is stepping forward to warn of a dramatic market event that could rock the U.S. stock market before Election Day.
Top 3 Tech Stocks That Are Ticking Portfolio Bombs
Three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Tips for shopping for Medicare Advantage plans
Shopping season for Medicare coverage is about to begin. With it comes the annual onslaught of TV ads and choices to consider.
Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad
In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.
Palantir, Amazon, Meta, Spirit Airlines, Tesla: Why These 5 Stocks Are On Investors' Radars Today
PLTR, AMZN, META, SAVE, TSLA were among the top trending stocks on Thursday Oct. 3, 2024.
Speaker Johnson lays out agenda for Republicans as they fight to hold House majority
WASHINGTON (AP) — Speaker laid out on Tuesday a policy agenda should Republicans take the majority next year that extends the tax cuts approved when was president, reduces the size of the federal workforce and gives parents more choice on where they can send their children to school.
Revolutionary Tech Alert: How Elon Musk Is Changing Lives - Ad
"Elon Musk's Neuralink just received FDA breakthrough status for a revolutionary device designed to restore vision to those who've lost it entirely. And the first human clinical trials have opened for recruitment. This is more than just a medical miracle -- it's a wealth-building opportunity. I believe Elon Musk's groundbreaking technology could unlock tremendous financial opportunities for early investors... And I've found a way for you to get in on the action." --Eric Fry
Average rate on a 30-year mortgage slips to 6.08%, lowest level in two years
The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers' purchasing power as they navigate a housing market with prices near all-time highs.
Cathie Wood's Ark Invest Dumps Palantir Shares Amidst S&P 500 Inclusion And Extended AI Alliance
Cathie Wood's Ark Invest sold shares of Palantir on the day the company was included in the &P500. The sale came also as Palantir announced a multi million dollar extension of its deal with APA Corp on Sept. 25, 2024.
Gold at $2,600... But This Stock Gives You More for Under $20 - Ad
Gold just soared over $2,600 an ounce. But what if I told you there's a way to get exposure to MORE than an ounce of gold... for less than $20? I've found a little-known gold play that gives you a way to claim a stake in over an ounce of gold for a fraction of the price. But I don't expect this to last long.
What's Going On With Honeywell International Stock Today?
Honeywell International shares rose 1.57% to $210.41 after announcing a dividend increase from $4.32 to $4.52 per share, effective December.
Utilities complete transmission line linking Iowa and Wisconsin
MADISON, Wis. (AP) — Construction work on a high-voltage transmission linking Iowa and Wisconsin has been completed and the line is fully operational, a group of utilities announced Friday.
Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.
Text of the policy statement the Federal Reserve released Wednesday
WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.