Four 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”).
This week, Extreme Networks, Inc. (EXTR) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Extreme Networks provides network infrastructure equipment and services for enterprises, data centers, and service providers. In Portfolio Grader’s specific subcategories of Earnings Revisions and Earnings Surprise, EXTR also gets A’s. For more information, get Portfolio Grader’s complete analysis of EXTR stock.
ParkerVision, Inc.’s (PRKR) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). ParkerVision designs, develops, and markets solutions for wireless products. For more information, get Portfolio Grader’s complete analysis of PRKR stock.
Anaren, Inc. (ANEN) boosts its rating from a B to an A this week. Anaren engages in the design, development, and manufacture of components, assemblies, and subsystems primarily for the wireless communications, satellite communications, and space and defense electronics markets worldwide. For more information, get Portfolio Grader’s complete analysis of ANEN stock.
China Techfaith Wireless Communication Technology Ltd. Sponsored ADR (CNTF) earns a B this week, jumping up from last week’s grade of C. China Techfaith Wireless Communication Technology is a China-based ODP provider focused on the original design and development of handsets and sales of finished products to its local and international customers. For more information, get Portfolio Grader’s complete analysis of CNTF 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.