September 19, 2006
SpeculatingStocks.com Stock Pick: RADCOM Ltd. (RDCM)
Stock Price: $2.91 (short-term strong buy)
RADCOM Ltd. develops, manufactures, markets and supports innovative network test and service monitoring solutions for communications service providers and equipment vendors. The company specializes in Next Generation Cellular as well as Voice, Data and Video over IP networks.
RDCM is currently in an uptrend with a 52-week high of $5.29 set back in late February of this year.
RDCM reported second quarter earnings on July 24th with revenue coming in at $5.7 million and net income of $208,000. RDCM is in a hot industry and deserves to be priced at a higher level for their profitability.
There are only 8.22 million shares outstanding and little resistance between $3.00 and $4.00.
SpeculatingStocks.com Target Price: We expect RDCM to reach $4.50 within the next 1 - 2 months.