Ceragon Networks Ltd. (NASDAQ:CRNT)
CAPS Rating:
The Company designs, develops, manufactures and sells high-capacity, point-to-point wireless backhaul solutions.
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The Company designs, develops, manufactures and sells high-capacity, point-to-point wireless backhaul solutions.
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Recs
Really well placed in the 4G build-out. A couple of the recent earnings reports have disappointed a little, the most recent partly due to the Nera acquisition which should be highly accretive longer-term. Once people start looking more at 2012 earnings then you have something like a 10-12x fwd P/E and 30%+ growth. Definitely a potential double.