Growth Stocks: Earnings jump for Vecima Networks

Growth Stocks: Earnings jump for Vecima Networks

Pat McKeough recently replied to a member of his Inner Circle who asked for his view on Vecima Networks. The high U.S. dollar has lifted earnings for the company, says Pat. But growing demand for its broadband technology has also helped.

Q: Pat:… Read More

Pat: Can I have your recommendation on Vecima Networks? Thanks.

Vecima Networks, $11.78, symbol VCM on Toronto (Shares outstanding: 22.4 million; Market cap: $263.0 million, www.vecima.com), designs and make technology for the broadband equipment market.

Vecima first sold shares to the public in 2005 and began trading on the Toronto exchange at $7.50.

The company’s technology… Read More