Fabrinet

FN

Market cap $24.7B

FN's push beyond optics pays off, with non-optical revenues surging 61% and automotive, lasers, and HPC driving strong fiscal Q2 growth.

As many investors focus on short-term market movements amid the Iran war, long-term performance factors can get overlooked. Panic selling can lead to financial losses. The market has a long history of posting positive returns within three to 12 months after geopolitical shocks. Stocks with consistent long-term performance tend to have solid competitive advantages, strong returns on capital, and consistency in beating earnings expectations.

FN trades at 43.6X forward earnings after a 49.7% YTD surge, as competition, forex and auto softness cap near-term upside.

Fabrinet's optical-communications revenues hit $833M in second-quarter fiscal 2026, lifting total sales to a record $1.13B as telecom and DCI demand surge.

Power equipment stocks have risen sharply this year and hit new highs. These names broke out of bases and have outperformed 96% of stocks.

Among the best stocks in earnings performance, Comfort Systems has a pristine 99 EPS Rating, the highest in IBD's air conditioning and heating products industry group.

Fabrinet (NYSE:FN) has risen 250.64% over the past year, climbing from $174.02 to $610.18.

Big Cap 20 component and AI leader Fabrinet is one of the top stocks to consider buying in this volatile market environment.

Fabrinet Fabrinet (NYSE: FN) has been a standout in the AI infrastructure trade, but after a 224.12% one-year run to a current price of $554.35, our model implies -20.46% downside from current levels.

What if the hottest AI trade isn't the GPUs grabbing all the headlines, but the high-speed pipes that actually let those chips talk to each other?