r/wallstreetbets
🚀🚀 $OCC, THE FIBER OPTIC ROCKET WALL STREET FORGOT ABOUT 🚀🚀
Author hypes $OCC as an AI datacenter cable play with a 9x run, profitability, and backlog growth, while mocking $NVDA buyers.
- AI datacenter buildout drives direct demand for fiber and copper cabling.
- Returned to profitability in Q2 FY26 with a 50%+ YoY increase in backlog.
- Extremely small market cap offers massive upside potential when retail discovers it.
- Extremely high valuation with a P/E ratio of around 183.
- Analyst price target of $8 is 60% below the current trading price.
- EBITDA margins are poorly defined and lack solid fundamental backing.
Alright regards, gather round. While you smooth-brains were buying $NVDA at the top AGAIN, I found a 43-year-old company that makes CABLES. Yeah. Wires. The stuff in your walls. Ticker $OCC, Optical Cable Corp, been grinding on the Nasdaq since 1996 and nobody cared.
Until they did. 📈
This thing went from $2.48 to \~$22. That’s a 9-bagger off the lows on a company whose entire business is fiber and copper cabling for datacenters. AI needs datacenters. Datacenters need cable. Cable needs OCC. It’s not rocket science, it’s better. Wires that feed the rockets. 🛰️🛰️
The DD (I read one headline):
• Q2 FY26 they returned to PROFITABILITY 🤑 (loss porn is over, tendies incoming)
• Backlog reportedly up 50%+ YoY
• Market cap is a rounding error, so when the apes find it the float goes VERTICAL
The bear case (for the paper hands):
• P/E of \~183 (lol. valuation is a construct)
• One analyst has an $8 price target rated “STRONG BUY” 🤡, bro your target is 60% BELOW the price and you’re saying BUY. peak Wall Street
• EBITDA margin is basically a vibe
I have read none of the financials beyond what fit in this post. I am not a financial advisor, I can’t even spell fiduciary.
🦍 DIAMOND HANDS 💎🙌 wires to the moon. My wife’s boyfriend thinks I’m an idiot but he uses ethernet so really he’s a customer.
Positions: 200 shares 💎🙌 (insert your screenshot here)