Over the next couple of weeks, John and David will be reviewing their real-money 10-Bagger portfolio. In this video, they take a closer look at Infinera.
Infinera continues to roll out its next-generation product, the DTN-X. It's making solid progress, and shares are attractive at the current price. There's plenty of news about competitors like Ciena and Alcatel-Lucent selling their 100G products. But we should remember that the upgrade to 100G is still very early in the game. So far, Infinera has taken DTN-X orders from 10 customers -- some existing and some new. It's very early in the adoption cycle, so David expects these to be smaller customers rather than larger ones like Verizon or AT&T. That is the direction the company is going, however.
Investors have been selling shares, recently, even with the progress being made. It's difficult to be patient sometimes. But David thinks patience will pay off with Infinera and believes shares look very attractive today.
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