OCLR - Long Idea Highlights From 2018
Our Long Idea reports aim to identify firms that, despite market fears, unimpressive GAAP earnings, and other noise, have profitable businesses and highly undervalued stock prices.
Last week, we examined our worst Long Idea picks from 2018. This week, we're taking some victory laps and looking at our picks that outperformed in a down market last year. These are the Long Idea highlights from 2018.
Highlight 1: Oclaro, Inc. (OCLR) - published January 17 - closed April 5: Up 39% vs. S&P down 6%
Our first Long Idea of 2018