Summary
- Today, we put a fast-growing communications equipment provider called Clearfield, Inc. in the spotlight for the first time.
- The stock is up by over half in 2022 as the company has benefited from the rollout of 5G and increased government investment in broadband deployment.
- However, the shares are hitting up against analyst price targets, there was a spate of insider selling in August, and valuations have become stretched.
- Can the rally in Clearfield's stock continue? An investment analysis follows in the paragraphs below.
For further details see:
Clearfield: In Danger Of Topping Out