Billionaire Chris Rokos’ Top 15 Stock Picks

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12. Ciena Corporation (NYSE:CIEN)

Number of Hedge Fund Holders: 40

Rokos Capital Management’s Stake: $70.8 million 

Ciena Corporation (NYSE:CIEN) is a global leader in networking systems, services, and software, enabling customers to anticipate and meet ever-increasing digital demands. The following factors make this company a strong investment case. First of all, as per the report of the fourth quarter of 2024, reported product inventory turns were 2.7 and 2.3 for the fiscal fourth quarter and the fiscal year 2024, respectively, suggesting efficient inventory management, with products being sold and replenished more frequently. Secondly, the company has introduced WaveLogic 6 Extreme (WL6e) technology that will enhance data transmission speeds and spectral efficiency. Southern Cross Cable Limited has connected the world’s first transpacific 1 Tb/s single-carrier wavelength across its 13,500km live production network. Another project that may attract significant investment is the launch of high-bandwidth interconnect innovations for next-generation data center designs, including the industry’s first 448G PAM4 electrical lane measurements, at the OCP Global Summit.

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