May. 20 at 4:20 PM
$AAOI now sits at roughly a
$14B valuation, rising from under
$10 to about
$230 within a year, mainly driven by demand for 800G and 1.6T optical transceivers. At the same time, competition is heating up, including Belden’s subsidiary Precision Optical Technologies and other upcoming entrants.
When comparing Applied Optoelectronics with Belden Inc (
$BDC, ~
$104, ~
$4B market cap), both operate in the same industry, but Belden has a more diversified customer base and a broader product portfolio.
In this setup, how do you view
$BDC’s current valuation versus
$AAOI? Could it be significantly undervalued?
