Validea’s guru fundamental report for LUMENTUM HOLDINGS INC (LITE) shows it rates highest with a score of 70% using the Shareholder Yield Investor model by Meb Faber. The strategy focuses on companies returning cash to shareholders through dividends, buybacks, and debt paydown. LITE is a mid-cap growth stock in the Communications Equipment industry. The stock meets some criteria of the strategy, such as quality and debt, and relative strength. However, it fails in tests like net payout yield, valuation, and shareholder yield. Meb Faber is the founder of Cambria Investments and his research covers various investment topics, including shareholder yield strategies.

Read more at Nasdaq: LITE Quantitative Stock Analysis | Nasdaq