Ciena Surges 210% in 6 Months: Should Investors Buy, Hold or Fold?

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Ciena Corporation (CIEN) stock has surged 210.2% in the past six months, outperforming its industry and the S&P 500. This growth is driven by increased network traffic, demand for bandwidth due to AI, and strategic R&D investments. Despite strong tailwinds and a positive outlook, CIEN faces headwinds such as high operating expenses, rising input costs, and a premium valuation, leading to a Zacks Rank #3 (Hold) recommendation.

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