3 Communications Equipment Stocks to Sell Now

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The ratings of three Communications Equipment stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

EXFO Inc. (NASDAQ:EXFO) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). EXFO is a provider of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers in the global telecommunications industry. In Portfolio Grader’s specific subcategories of Earnings Growth, Margin Growth, and Sales Growth, EXFO also gets an F. To get an in-depth look at EXFO, get Portfolio Grader’s complete analysis of EXFO stock.

Finisar (NASDAQ:FNSR) earns an F this week, moving down from last week’s grade of D. Finisar provides fiber optic subsystems and network performance test systems which enable high-speed data communications over local area network and storage area networks. The stock gets F’s in Earnings Growth and Margin Growth. As of Jan. 17, 2013, 12.7% of outstanding Finisar shares were held short. The stock has a trailing PE Ratio of 72.80. For a full analysis of FNSR stock, visit Portfolio Grader.

Ciena’s (NASDAQ:CIEN) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Ciena provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic. The stock gets F’s in Earnings Momentum and Earnings Revisions. The stock price has fallen 6.1% over the past month, worse than the 3.6% increase the Nasdaq has seen over the same period of time. As of Jan. 17, 2013, 18.9% of outstanding Ciena shares were held short. For more information, get Portfolio Grader’s complete analysis of CIEN 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.


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