Ceragon Networks Positioned for Solid Upward Move

Ceragon Networks

From July to September Ceragon Networks (CRNT) has had a series of positive catalysts that its share price hasn’t been rewarded for, including a managed services agreement with a network provider; a $35 million follow-up order from India; a good earnings report where it beat on earnings and revenue; and most recently it won a multi-million-dollar contract from the Indonesia government.

I see it has only a matter of if, not when, the share price is going to jump again. It definitely should be on investors’ watch list.

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