6 Communications Equipment Stocks to Buy Now

MITL, RDWR, SILC, SWIR, ANEN, IDCC improve in weekly rankings

   
6 Communications Equipment Stocks to Buy Now

This week, six Communications Equipment stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Mitel Networks (NASDAQ:MITL) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Mitel Networks is a provider of communications solutions for organizations. In Portfolio Grader’s specific subcategories of Earnings Revisions, Earnings Surprise, Equity, and Cash Flow, MITL also gets A’s. The stock price has risen 13.5% over the past month, better than the 4.1% increase the Nasdaq has seen over the same period of time. The stock currently has a trailing PE Ratio of 4.10. For more information, get Portfolio Grader’s complete analysis of MITL stock.

This is a strong week for Radware (NASDAQ:RDWR). The company’s rating climbs to B from the previous week’s C. Radware develops, manufactures and markets application delivery and network security solutions that provide end-to-end availability, performance and security of mission critical networked applications. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 5.5% over the past month. For more information, get Portfolio Grader’s complete analysis of RDWR stock.

SiliCom (NASDAQ:SILC) gets a higher grade this week, advancing from a C last week to a B. Silicom designs, manufactures, markets, and supports Multi-Port Gigabit-Ethernet Server Adapters. Wall Street has pushed the stock higher by 28% over the past month. For more information, get Portfolio Grader’s complete analysis of SILC stock.

Sierra Wireless (NASDAQ:SWIR) boosts its rating from a C to a B this week. Sierra Wireless provides edge wireless solutions for the mobile computing and machine-to-machine markets. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 32.5% over the past month. For more information, get Portfolio Grader’s complete analysis of SWIR stock.

This week, Anaren’s (NASDAQ:ANEN) ratings are up from a C last week to a B. Anaren is a provider of microwave components and assemblies for the wireless and space and defense markets. For more information, get Portfolio Grader’s complete analysis of ANEN stock.

InterDigital (NASDAQ:IDCC) earns a B this week, jumping up from last week’s grade of C. InterDigital develops technology for advanced digital wireless telecommunications applications. The stock’s trailing PE Ratio is 6.80. 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/2013/01/6-communications-equipment-stocks-to-buy-now-mitl-rdwr-silc/.

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