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3 Communications Equipment Stocks to Buy Now

ANEN, XXIA, IDCC improve in weekly rankings


Three Communications Equipment stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Anaren (NASDAQ:ANEN) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Anaren is a provider of microwave components and assemblies for the wireless and space and defense markets. In Portfolio Grader’s specific subcategory of Earnings Momentum, ANEN also gets an A. Shares of ANEN have increased 9.3% over the past month, better than the 4.4% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ANEN stock.

Ixia (NASDAQ:XXIA) earns a B this week, jumping up from last week’s grade of C. Ixia provides high speed, multi-port network performance analysis systems. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 11.5% over the past month. For more information, get Portfolio Grader’s complete analysis of XXIA stock.

This week, InterDigital’s (NASDAQ:IDCC) ratings are up from a C last week to a B. InterDigital develops technology for advanced digital wireless telecommunications applications. Investors have pushed the stock price up 5.3% over the past month. The stock’s trailing PE Ratio is 6.60. For more information, get Portfolio Grader’s complete analysis of IDCC stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

Article printed from InvestorPlace Media, http://investorplace.com/2012/12/3-communications-equipment-stocks-to-buy-now-anen-xxia-idcc/.

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