"If I'm going to buy into this business, I'm going to send you to CIENA Corp (CIEN) or Cisco Systems (CSCO)." "Cramer's 'Mad Money Lightning Round,'" 6-15-09

This stock has doubled over the last couple of months, and is sitting right at the 50-day moving average right now. It could double up again, but Fitzpatrick warned not to count on it. “Only buy on a breakout. Watch out for profit takers,” he said.

Bought Andrew Corp, which has been up after all the hurricanes. They rebuild cell phone towers. Forward P/E of 12.

5 Sizzling Summer Stocks: Stockpickr founder James Altucher gives you the stocks poised to bounce higher once the hurricanes hit.


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Outperform/Speculative - Price 49.71 on Jan. 2
by Morgan Keegan

We think rising consensus estimates based on the recently closed acquisition of Andrew could serve as a catalyst for the stock. Our new model reflects conservative estimates and a gradual ramp of deal synergies. We consider our new model, which yields 10% earnings accretion in 2008, conservative. At a moderate 17 times our [calendar-year] '08 EPS estimate of $3.35, the stock [of this communications-equipment firm] could be valued at 57. Market-cap: $3.03 billion.

Commscope (CTV) was downgraded from Buy to Neutral, Merrill Lynch said. Company recently gave a disappointing outlook for its core business, given its dependence on the US commercial construction business.

Upgraded by Morgan Keegan from Mkt Perform to Outperform

Games

Growth component that plays well into the growing cable refit and broadband growth.

Upgraded by Robert W. Baird from Neutral to Outperform