15 Trending AI Stocks on Latest Ratings and News

Page 2 of 15

14. Fabrinet (NYSE:FN)

Market Capitalization: $9 Billion 

Fabrinet (NYSE:FN) offers optical packaging, along with precision optical, electro-mechanical, and electronic manufacturing services. The company produces fiber-optic cables that power telecommunications, AI data centers, and the global Internet infrastructure. On November 14, Barclays initiated coverage of the stock with an Equal Weight rating and a $292 price target. The advisory believes upside is baked in at the current premium valuation. While Barclays appreciates Fabrinet’s strong positioning with Nvidia optical transceivers, it says the timing and magnitude uncertainty on 1.6T ramp could be a concern for shares. It sees a balanced risk/reward at current Fabrinet share levels.

Page 2 of 15