TESSCO Technologies, Inc. (NASDAQ:TESS)

CAPS Rating: 5 out of 5

The Company is a provider of integrated product and supply chain solutions to the professionals that design, build, run, maintain and use wireless mobile, fixed and in-building systems.

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Player Avatar TMFTailwind (45.53) Submitted: 8/20/2013 6:33:31 PM : Outperform Start Price: $30.81 TESS Score: +0.03

This wireless networking equipment distributor and wireless broadband system "architect" is a play on the proliferation of wireless devices. As broadband and wireless providers race to improve their infrastructure to meet rocketing data demand, TESS benefits. The company is led by Founder/Chairman/CEO/President Richard Barnhill, who has significant skin in the game, owning over 20% of shares. Management is incentivized to increase EPS and has done so consistently over the last few years. A ~11x forward PE multiple for a company in a strong demand environment with solid growth prospects looks like an attractive opportunity.

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