Applied Optoelectronics, Inc. (NASDAQ:AAOI) Q4 2023 Earnings Call Transcript February 22, 2024 Applied Optoelectronics, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. I will be your conference operator. At this time, I would like to welcome everyone […]
Up more than 500% in a year, does Applied Optoelectronics still have room to run?
2023 proved to be a wild year, as many investors’ top-performing stocks quickly swirled down the drain amid higher interest rates and tightened economic conditions. But, against all odds, the market outlook improved rapidly in early fall before kicking off an early start to the Santa rally. While it’s too early to say for sure, it seems like we’re ready to enter 2024 with a bang as stocks tick higher daily, though still below past highs. Better yet, some of the market’s biggest losers got shaken