Neutral Tandem Hits New High

Shares of Neutral Tandem (TNDM) broke out to a new 52-week high this morning. Readers of my Emerging Growth services are up over 40% in the stock in less than two months.

The company provides third-party interconnection services to competitive telecommunications carriers. In a nutshell, TNDM helps wire-line, wireless and broadband customers talk to each other-even if they all pay their bills to different companies. Neutral Tandem offers services in more than 60 U.S. metropolitan markets and is a critical part of our nation’s communications network.

Business is booming for TNDM right now, too. In the fourth quarter, Neutral Tandem’s earnings rose 316.7% to 25 cents per share. The next earnings report will come out in two weeks and I’m expecting another big gain.

Neutral Tandem is a very strong buy.

More Louis Navellier

Twitter

Facebook

RSS Feed

Little Book

InvestorPlace Network

InvestorPlace.com