Tellabs, Inc. (NASDAQ:TLAB)
CAPS Rating:
The Company designs and markets equipment to telecommunications service providers worldwide. It also provides deployment and professional services to support its products.
The Company designs and markets equipment to telecommunications service providers worldwide. It also provides deployment and professional services to support its products.
Recs
Tlab has over a billion dollars in cash. It operates conservatively and is well capitalized for changes in the product it sells. It continues to grow revenue, and the market reaction to shifts in vendors is grossly overrated. It is a wise buy right now.