Adtran Holdings Inc (NASDAQ:ADTN) is a fiber networking and telecommunications company selling networking solutions. Chris Retzler, Needham portfolio manager, recently talked about the stock during a program on CNBC and said it’s one of his favorite small-cap picks. Here is what he said:
“Another name we think where… money is finally going to begin to flow into rural broadband buildout is a company that’s really not moved with the market at all called Adtran. We think it’s good value.”
The analyst said the stock has a “catalyst” coming in the near future.
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