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Bull of the Day

Alvarion, Ltd. (ALVR)

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By: Zacks Equity Research
December 18, 2009 |Comments: 0
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ALVR

We maintain our rating of Outperform for Alvarion Ltd (ALVR), a pure-play wireless solutions provider. This follows a series of impressive contract awards to deploy several large-scale wireless systems. Alvarion has more than 250 WiMAX deployments in diversified geographic regions.

According to our assessment, higher bandwidth requirements and an increasing percentage of Alvarion's overall business directed to WiMAX offerings are expected to drive revenue higher in future reporting periods. Furthermore, the company maintains a strong balance sheet and a respectable book-to-bill ratio.

The stock is currently trading at a significant level below its 52-week high level even as business deals are announced.

Alvarion, Ltd. (ALVR) : FULL ANALYST REPORT

Bull of the Day
Every day we feature one stock with a Zacks Recommendation of Buy that is set to outperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy rated stocks and in-depth research reports, then check out  Zacks Premium.

Read the full analyst report on ALVR

 
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