DCI
Donaldson Company, Inc.
stock NYSE

I can see the appeal in some of those debt-heavy fiber names too, but NOK is still the one I’m most comfortable holding because Nokia doesn’t need one specific catalyst to work and (I haven't had any exposure to the other names, tbh.)
With Nokia I feel like the situation is broader now, optical/DCI demand, AI/cloud orders, network automation, all of it kind of feeds the same setup. NOK is poised to benefit from the 'AI needs more network infrastructure' angle.

Yes, the Nvidia $1B deal in October got my attention to NOK, but eventually I started buying in Feb this year. The market spent a long time treating all that fiber capex like a mistake, but if AI/DCI traffic keeps exploding then a lot of that infrastructure suddenly looks a lot more strategic than people gave it credit for.

Yeah I got in during the October pullback last year, I’ve gotten more telecom exposure since then. My thesis is pretty simple, these telecom companies got sold off hard when they spent lot of capex and accrued debt to build fiber infrastructure, now that infrastructure is extremely important for DCI applications.

I can see the appeal in some of those debt-heavy fiber names too, but NOK is still the one I’m most comfortable holding because Nokia doesn’t need one specific catalyst to work and (I haven't had any exposure to the other names, tbh.)
With Nokia I feel like the situation is broader now, optical/DCI demand, AI/cloud orders, network automation, all of it kind of feeds the same setup. NOK is poised to benefit from the 'AI needs more network infrastructure' angle.

Yes, the Nvidia $1B deal in October got my attention to NOK, but eventually I started buying in Feb this year. The market spent a long time treating all that fiber capex like a mistake, but if AI/DCI traffic keeps exploding then a lot of that infrastructure suddenly looks a lot more strategic than people gave it credit for.

Yeah I got in during the October pullback last year, I’ve gotten more telecom exposure since then. My thesis is pretty simple, these telecom companies got sold off hard when they spent lot of capex and accrued debt to build fiber infrastructure, now that infrastructure is extremely important for DCI applications.