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Adc Telecommunications, Inc. (ADCT) [hlAlert]

Rating:
Neutral ADCT
up 102.43 %

Adc Telecommunications, Inc. (ADCT) downgraded to Neutral by CL King

Posted on: Wednesday,  Jul 14, 2010  11:25 AM ET by CL King

CL King rated Neutral Adc Telecommunications, Inc. (NASDAQ: ADCT) on 07/14/2010. Previously CL King rated Strong Buy Adc Telecommunications, Inc. (NASDAQ: ADCT)
on 02/09/2010., when the stock price was $6.17. Since then, Adc Telecommunications, Inc. has gained 102.43% as of 07/14/2010's recent price of $12.49.
If you would have followed the previous CL King's recommendation on ADCT, you would have gained 102.43% of your investment in 155 days.

ADC Telecommunications, Inc. (ADC), is a provider of broadband communications network infrastructure products and related services. The Company’s products offer solutions enabling the delivery of high-speed Internet, data, video and voice communications over wireline, wireless, cable, enterprise and broadcast networks. These products include fiber-optic, copper and coaxial based frames, cabinets, cables, connectors and cards, wireless capacity and coverage solutions, network access devices and other physical infrastructure components for communication networks. In addition, ADC provides professional services relating to the design, equipping and building of networks. ADC offers all its solutions and services through four business segments: Connectivity, Wireless, Wireline and Professional Services. On December 3, 2007, the Company completed the acquisition of LGC Wireless. In January 2008, the Company completed the acquisition of Century Man Communication.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2010 11:25 AM Hold
None
12.49
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  101.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/9/2010 12:25 PM Buy
None
6.17 10.00
9/2/2009 9:25 AM Buy
None
7.85 10.00
8/12/2009 11:25 AM Buy
None
8.64

(*) Stock Price at the time of the recommendation.
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