Apple’s Future Hinges On This Tiny Company

Lumentum Holdings (LITE) makes 3D sensors for Apple (AAPL). Its technology allows the new iPhones to perform facial recognition. If you own a new iPhone, you know that this feature is now “the standard.”

In other words, Lumentum should play a key role in Apple’s AR ambitions for years to come. And like ADBE and SNAP, LITE has performed exceptionally lately. It’s still in a strong uptrend despite the recent market meltdown.

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