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CommScope Skyrockets 94% in a Year: Reason to Buy COMM Stock?
Supriyo Bose
Tue, September 24, 2024 at 6:10 AM MDT 4 min read
In This Article:
COMM
- 3.78%
Buoyed by a holistic growth model, CommScope Holding Company, Inc. COMM has surged 94.1% over the past year compared with the industry’s growth of 4.7%. It has also outperformed its peers like Bandwidth Inc. BAND and Anterix Inc. ATEX over this period.
CommScope continues to benefit from stringent cost-cutting measures and focus on core operations. The company is actively pruning its non-core businesses while focusing on inorganic growth to boost its portfolio strength and remain at the forefront of technological innovation by developing solutions to support wireline and wireless network convergence..."