Up 35% in 3 Months, This Tech Stock Could Become the Next Big Artificial Intelligence (AI) Play

AI could give this optical networking company a big boost. Optical networking company Ciena (CIEN -1.77%) may not be a household name in the technology sector, but the stock has been in red-hot form on the market over the past three months, clocking impressive gains of 35% as of this writing. However, a closer look at the company's recent financial performance makes this recent rally seem surprising. Ciena's revenue and earnings fell in the third quarter of fiscal 2024 (for the three months ended July 27). ...