Novatel Wireless, Inc. (NASDAQ:NVTL)
CAPS Rating:
The Company is a provider of wireless broadband access solutions for the mobile communications market. Its products include wireless data modems and software for laptop PCs, embedded wireless modules for original equipment manufacturers.
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Fool UK
Recs
passed 10 of 11 tests; CAPS 230/21 (3*); chart up since Dec; highly vulnerable wireless industry; PEG too high: 5.72 v. 2.0; headlines tout Kindle - dependence on overpriced specialty product; Barrons, JPM advise exit; negative margins, returns; mean analyst reco 3.3 (hold - underperform); target 5.94 vs current 8.61
I think that you should "cut your losses" and retract your underperform rating now. This stock is up 33% this week and set a new 52-week high yesterday; few stocks can match that.