Ceragon Networks, The Dark Days Are Over, Clear Skies For 100% Upside
- With mobile data traffic is expected to grow at CAGR 61% by 2018, mobile operators facing an investment cycle to meed demand.
- Increasing backlog supports strong demand for company's products.
- Completion of reorganization plan and manufacturing ramp up position the company well for growth and return to profitability.
- Current valuation suggest up to 100% upside based on 2015 estimates.