Ceragon Networks Ltd. (NASDAQ:CRNT)

Even with all of the uncertainty in the world these days, one thing that I'm certain of is the technology will continue to advance and almost all of it will be wireless in the future.

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.

This is a small/mid cap high growth stock that should outperform the S&P during the bull market.

2011 setback in earnings has depressed stock price, but looks set for tremendous earnings growth in 2012 and 2013. I expect to see prices in the $30's in 2013

low PEG, strong price uptrend

Low-cost, high-performance mobile communication play focused on backhaul for expanding markets.

I picked Ceragon just to watch them, as they are a major competitive threat to my real holding in Dragonwave. I understand Dragonwave to have the superior products, but things can change quickly with cutting-edge technology companies. Ceragon is a bit larger, has better distribution channels and a more diverse customer base. I might just switch to equal positions in both of them and see how it develops over the next year or two.

CRNT has a high quality product, very versatile and perfectly designed to meet the telecom service providers needs, in terms of the evolution towards LTE and high bandwidth with QoS

Wireless backhaul solutions that eliminates the backhaul capacity bottleneck significantly reducing costs

4g!

I find it both amusing and encouraging to see Ceragon CEO Ira Palti comparing his company to the likes of LM Ericsson (Nasdaq: ERIC). "We have only two primary competitors globally," Palti said in the earnings call. "Our strength compared to each of those competitors are difficult to replicate. More data in the network." Given that Ceragon sells some of its equipment through OEM partner Nokia Siemens and looking at the limited reach of the other wireless backhaul providers, I have to think that he's talking about Ericsson and DragonWave.

Not bad company to keep, I'd say. There's a blatant difference of scale, of course -- but if Ceragon keeps up the current growth rate, the comparison to Ericsson won't sound absurd in a couple of years.

Internet infrastructure will continue to expand

Market and economy recovery - a rising tide lifts all ships.

A leader in the telecom backhaul sector. The "next big thing" in both tech an telecom is the global expansion of internet/data transmission, storage, and accessibility. Carriers and hardware makers will only stagnate with high competition and low margins while the real story will be in supporting the infrastructure's bandwidth demand. CRNT is global, has a market cap less than 350M, 15% insider ownership, reasonable PEG, and projecting solid growth. Risk is competition over contracts, rewards are high.

timing

Microwave backhaul in early stage of growth cycle.

Great balance sheet + presence in major emerging markets + some sweet new contracts = a speculative tech pick with tremendous upside potential. I bought this stock when it was in the high 7's range and it has performed well since then, I only hope it continues to do so!

Technology continues to expand in leaps and bounds on a daily basis. Finding companies to invest that are trying to maintain or jump ahead of technology are sound investments.PTP wireless continues to expand at an expedited rate and security interests need to be followed like Ceragon is doing.

To give time for CRNT's market to expand an become developed.