Clearfield, Inc. manufactures, markets and sells a fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site.
The stock is an out-performer with an average yearly return of 72%. After the recent 18%-downturn, the share price still tripled last year’s price.
We estimate the value around 29.5€ which makes the actual price ($21.81) rather cheap.
As markets are a little overbought for the moment, we will wait for a ‘BUY’ until the price comes down to 21.22$
And now it is:[stock-tools exchange=”NASDAQ” symbol=”CLFD” image_height=”100″ image_width=”150″]