Some feel that this top company would be an outstanding addition to a networking giant as a takeover candidate. Infinera Corp. (NASDAQ: INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and simplify optical network operations.
Infinera’s portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, optical line systems, router platforms and a suite of networking and automation software offerings.
Last summer, Infinera and Windstream completed a live network trial that successfully achieved 800G single-wavelength transmission over 730 km across Windstream’s long-haul network between San Diego and Phoenix. The results of the trial mark a major milestone in optical networking by demonstrating that ultra-high-speed optical transmissions, such as 700G and 800G, powered by Infinera’s ICE6 optical engine and Windstream’s high-performance fiber network, can be deployed in real-world network applications over significant distances.
Goldman Sachs has set a $12 price objective. The consensus target for Infinera stock is $10.83. The stock closed trading on Friday at $8.38.
This very aggressive tech play could have upside even above the Goldman Sachs target. Zynga Inc. (NASDAQ: ZNGA) provides social game services in the United States and internationally. It develops, markets and operates social games as live services played on mobile platforms, such as Apple iOS and Google’s Android operating systems; social networking platforms, such as Facebook and Snapchat; and personal computers consoles, such as Nintendo’s Switch game console, and other platforms and consoles.
Zynga also provides advertising services, comprising mobile advertisements, engagement advertisements and offers, and branded virtual items and sponsorships for marketers and advertisers, as well as licenses its own brands.
With live events growing the company’s revenues, cost-cutting should drive margin expansion, which is very positive. The company also pops up in takeover chatter, and the low price makes it even more attractive.
Goldman Sachs has a $12.60 price target, while the consensus is at a much lower $11.87. The last trade for Friday was reported at $7.49.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and Goldman Sachs and other major Wall Street firms have research coverage.