Lumentum is up 611% in two years inside Eric Bleeker's AI Portfolio
As seen on the 24/7 Wall St. homepage on November 9, 2026.
Two years to the day since Eric Bleeker's AI Portfolio flagged Lumentum at $83.85, a $1,000 stake is now worth roughly $7,110. The optical laser supplier feeding AI data center buildouts did it without a single stock split or buyout to help.
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Eric Bleeker added Lumentum to his AI Portfolio at $83.85 per share two years ago. Since that call, the position has returned 611%, turning a $1,000 stake into roughly $7,110 without any stock split or acquisition inflating the figure.
Lumentum makes the optical lasers and components that underpin AI data center buildouts, putting it squarely in the infrastructure layer that hyperscalers have been racing to expand. That direct exposure to AI capital spending is what made it an AI Portfolio pick in the first place, and the chart reflects how that thesis played out over 731 days.
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Holders sat through a volatile middle stretch, including a drawdown from the highs, before the position settled at the 611% gain. Investors who held through those swings are the ones sitting on the full return.
No buyout premium, no reverse split math and no spinoff accounting lifted this result. The gain is purely price appreciation, a cleaner measure of how well the original thesis held up over two years.
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Mentioned: LITE