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Here's Why ADTRAN (ADTN) is an Appealing Choice for Investors

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·3 min read
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Shares of ADTRAN, Inc. ADTN have gained 56.1% in the past six months compared with 16.3% growth of the industry. The stock currently carries a Zacks Rank #2 (Buy) and has a VGM Score of B.



This Huntsville, AL-based company delivered a trailing four-quarter earnings surprise of 184.2%, on average. The Zacks Consensus Estimate for its current-year earnings has been revised 30% upward over the past 30 days.

Growth Drivers

ADTRAN is a leading provider of multi-gigabit fiber and fiber extension broadband access solutions. It leads in the development of open, programmable networks.

The company is focused on being a top global supplier of access infrastructure and value-added solutions from the cloud edge to the subscriber edge. ADTRAN’s products facilitate customers with the transition to a highly automated and cloud-controlled network.

The company is benefiting from a significant increase in demand for its network solutions. ADTRAN’s business is driven by robust demand for its fiber access platforms, in-home service delivery platforms and software platforms with regional service providers across the United States and Europe.

ADTRAN offers an advanced ecosystem of turnkey network implementation, maintenance, professional, managed and cloud services. Its end-to-end solutions simplify the deployment of fiber-based broadband services and help provide an enhanced subscriber experience.

The company expects solid traction in its domestic markets for ultra-broadband and fiber-to-the-home solutions, along with software-defined access and Ethernet passive optical network solutions. Its leadership in software-defined access is likely to ensure a steady stream of revenues as it helps clients reduce costs and accelerate service delivery.

ADTRAN’s strategy of diversification across geographies and markets is noteworthy. We believe that the stock has more upside left.

Other Solid Picks

Some other top-ranked stocks that investors may consider are Cambium Networks Corporation CMBM, United States Cellular Corporation USM and Vicor Corporation VICR, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.

U.S. Cellular delivered a trailing four-quarter earnings surprise of 123.9%, on average.

Vicor delivered a trailing four-quarter earnings surprise of 80.6%, on average.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ADTRAN, Inc. (ADTN) : Free Stock Analysis Report

United States Cellular Corporation (USM) : Free Stock Analysis Report

Vicor Corporation (VICR) : Free Stock Analysis Report

Cambium Networks Corporation (CMBM) : Free Stock Analysis Report

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Zacks Investment Research