Jim Cramer Says "This Ciena is Much Better Than the Ciena of 2000"

Ciena Corporation (NYSE:CIEN) is one of the stocks Jim Cramer offered insights on. When a caller mentioned the stock during the lightning round, Cramer remarked:

“It has moved a great deal. That was an amazing quarter. I think there’s, it was so great. The next quarter is going to be great, too. I’m not going to fight you on it because… this Ciena is much better than the Ciena of 2000 when a lot of us lost money in the first three months of the year, if you remember that.”

Ciena Corporation (NYSE:CIEN) builds networking equipment like optical systems, routers, and switches, and also provides software that helps manage and automate networks. Scout Investments, Inc., an affiliate of Carillon Tower Advisers stated the following regarding Ciena Corporation (NYSE:CIEN) in its third quarter 2025 investor letter:

“Ciena Corporation (NYSE:CIEN) designs and manufactures advanced optical and packet-optical networking hardware, including transport systems and pluggable transceivers. The stock’s outperformance during the quarter was driven primarily by the strength in cloud providers’ demand as Ciena’s high-speed optical networking solutions are critical components of their high-performance computing capacity buildouts. Hyperscalers led the trend while emerging customer groups such as smaller AI-focused cloud data center operators grew rap idly. In addition, recovery in telecommunications network investment continues and is expected to extend into next year.”

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Disclosure: None. This article is originally published at Insider Monkey.