Approximately ten months ago, I wrote an article about Clearfield's (NASDAQ:CLFD) growth prospects. Since that article, the stock has risen an astounding 250%. During this time, while the stock has steadily climbed, I have received many comments and emails from investors inquiring why the stock's share price increased at such a rapid pace. The earnings reports during that time certainly reflected the growth I was expecting, but does it justify the almost 50 P/E? My brethren and I believe we may have finally uncovered what we thought all the hidden excitement is about. Apparently, Clearfield is a key provider in Google's (NASDAQ:GOOG) fiber projects.
This Fox 4 Kansas City, MO video shows a Clearfield cabinet deployed...
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