Stocks on the Run: Lumentum Holdings Inc (NASDAQ:LITE), PACCAR Inc (NASDAQ:PCAR)

On Tuesday, Shares of Lumentum Holdings Inc (NASDAQ:LITE), added 3.60% and closed at $38.80 in the last trading session. The last trading range of the stock ranges between $36.60 and $39.42. The company’s Market capitalization is $2.39 Billion with the total Outstanding Shares of 60.09 million. During the 52-week trading session the minimum price at which share price traded, registered at $17.46 and reached to max level of $45.25. The EPS of company is strolling at 0.05. Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Optical Communications and Commercial Lasers. The Optical Communications segment offers components, modules, and subsystems that facilitate the transmission and transport of video, audio, and text data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; and transport products comprising reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, in addition to components consisting of 980nm, multi-mode, and Raman pumps. This segment also offers Super Transport Blade, which integrates optical transport functions into a single-slot blade; products for 3-D sensing applications, counting a light source product; vertical-cavity surface-emitting lasers; distributed feedback and electro-absorption modulated lasers; and individual and compact laser arrays. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode, direct-diode, diode-pumped solid-state, fiber, and gas lasers. This segment serves customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, and remote sensing, in addition to in precision machining, counting drilling in printed circuit boards, wafer singulation, and solar cell scribing.

Shares of PACCAR Inc (NASDAQ:PCAR), jumped 1.81% and closed at $60.63 in the last trading session. The last trading range of the stock ranges between $58.74 and $60.69. The company’s Market capitalization is $21.39 Billion with the total Outstanding Shares of 350.54 million. During the 52-week trading session the minimum price at which share price traded, registered at $43.46 and reached to max level of $60.68. The EPS of company is strolling at 1.64. PACCAR Inc, together with its auxiliaries, designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks worldwide. It operates in three segments: Truck, Parts, and Financial Services. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of freight, petroleum, wood products, and construction-related and other materials, in addition to manufactures engines. The company sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full service leasing operations under the PacLease trade name. This segment provides equipment financing and administrative support services for its franchisees; retail loans and leasing services for small, medium, and large commercial trucking companies, in addition to independent owner/operators and other businesses; and truck inventory financing services to independent dealers. In addition, it offers loans and leases directly to customers for acquisition of trucks and related equipment.

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