CommScope, Nasdaq COMM

CommScope on muun muassa yksi monista Nokian kumppaneista, jolla on omia patentteja ja korkealaatuista innovaatiotoimintaa.

Mielenkiintoinen yritys, jolla on toteuttamiskelpoinen kasvustrategia.

Yhtiötiedot

CommScope Holding Company, Inc. is a provider of infrastructure solutions for communication and entertainment networks. The Company operates through five segments: Connectivity Solutions (Connectivity), Mobility Solutions (Mobility), Customer Premises Equipment (CPE), Network & Cloud (N&C) and Ruckus Networks (Ruckus). The Connectivity segment provides fiber optic, copper cable and connectivity solutions. The Mobility segment provides the integral building blocks for cellular base station sites and related connectivity. The CPE segment offers broadband and video products. The N&C segment’s product solutions include cable modem termination system, video infrastructure, distribution and transmission equipment, and cloud solutions. The Ruckus segment provides converged wired and wireless local area network (LAN) networks for enterprises and service providers. Through its ARRIS International plc, it provides broadband, video and wireless technology.

  • CommScope Holding Company Inc

1100 Commscope Pl SE
HICKORY
28602-3619
United States

http://www.commscope.com

  • Frank Drendel
    Executive Chairman of the Board Charles Treadway
    President, Chief Executive Officer, Director Alexander Pease
    Chief Financial Officer, Executive Vice President

5G deployment is starting to pick up in North America with strong demand from the big three U.S. carriers as well as a number of successful projects picking up in the Canadian markets. Within European markets, we continue to make traction with 5G deployments.

As European carriers begin to reassess their initial build intentions utilizing massive MIMO, we are providing solutions like our active passive antenna radio solution through our collaboration with Nokia.

CommScope Holding Company, Inc. COMM recently unveiled Fiber Optic Splice Closure (FOSC) modular solution. The innovative offering has been particularly designed to simplify fiber deployments while empowering operators to build future-proof networks by facilitating the servicing and extensibility of fiber connections.**

Over the years, the Hickory, NC-based company has been developing solutions to support the wireline and wireless network convergence. Industry tailwinds such as 5G and mobile network densification, indoor coverage and expansion of optical fiber networks drive its growth momentum..

3 Likes

From a fundamental perspective, the company is not yet familiar to me, but I will get to know it more at some point. Technically, here are some observations.

The downtrend that began in 2018 has turned. The 50-week moving average seems to provide support. On the other hand, around 16.00 USD acts as resistance. If last week’s decline continues, the next support area will form at a good 13 dollars.


The short-term trend gives reason for caution. The decline has been significant and has occurred with high volume. On a daily level, I would personally first expect higher highs to be made. Around 16 dollars, and the upcoming trading days are interesting to see if it climbs above resistance to make a Higher High (HH) (previous Lower High (LH) 16.10), or if it turns to a decline immediately on Monday.

Currently, I am not yet ready to bet that it will turn to an uptrend from here, but I am waiting for stronger signs of a reversal.

4 Likes

You might very well be on to something here. When taking a quick, superficial look at the fundamentals, it seems interesting.


So it makes it onto the watchlist… when there are stronger signs of a trend reversal.

2 Likes

@Oxymoron_007

The decline is starting to show multiple waves. In the short-term trend, the RSI is rising while the price level is falling. This could be an early sign of a trend reversal.

There’s still a considerable distance to the previous monthly low (8.25), but horizontal support is forming at the current level. Several gaps have formed above.

However, I’m starting to look into taking an opening position.

I glanced at analyst recommendations - the lowest seemed to be 12 USD, and the average/median was clearly higher.

1 Like

kuva

Behind today’s stock price increase is a deal in Australia.

Foxtel evolves its partnership with CommScope launching the revolutionary new streaming iQ5 device

Mon, November 22, 2021, 2:55 PM

Premium plug and play entertainment experience allowing customers to be streaming up to 50,000 hours of content within minutes

HICKORY, N.C., November 22, 2021 --(BUSINESS WIRE)–The day has come when service providers can deploy a set top solution to provide live, streaming and on demand content to their subscribers that can be set up in minutes and without the need of a cable.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211122005103/en/

1 Like

Indeed, the sun is finally shining. Breakout.

2 Likes

CommScope exceeded expectations with this strong quarter and raised its full-year forecasts, which likely indicates management’s confidence in the company.

CCS business sales are progressing faster than planned, and the remaining units continue to generate strong cash flow. On the other hand, RemainCo’s results and RUCKUS’s growth slowed, and investor concerns have also been raised by customer dependence on the largest clients.

https://x.com/EarningsToday/status/1983845305398313050



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