Jim Cramer on CommScope: “There May Be Another Run in That One”

CommScope Holding Company, Inc. (NASDAQ:COMM) is one of the stocks Jim Cramer put under the spotlight. A caller inquired if Cramer would bless taking a small speculative position in the stock. He replied:

“You know, I gotta tell you, I think… I know that I feel awful that we missed the big run, but you know, there may be another run in that one. I think that you’re not drinking the phosphoro. I think you’re fine on that one. I know that sounds strange, but I really think you’re fine.”

yorgos-ntrahas-mcAUHlGirVs-unsplash (1)

CommScope Holding Company, Inc. (NASDAQ:COMM) provides communications and network infrastructure solutions, including fiber and copper connectivity, broadband, video, and wireless technologies. The company offers cloud-based management, security, and connectivity systems for telecom operators, data centers, and service providers. On October 7, it announced the global launch of its updated SYSTIMAX Constellation platform.

The platform uses a simplified design that supports both AC and DC power, connects many devices through Constellation Points, and allows centralized power management. Furthermore, it can cut installation time by more than half, reduce material use, and lower carbon emissions while delivering up to 1,800W of power, 10G+ speeds, and support for up to 50 devices per Constellation Point.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.