Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of copper-cable king Belden
So what: Belden's second quarter crushed analyst estimates, amplified by a stronger outlook for the third quarter. Sales jumped 31% year-over-year to $536 million, including organic growth of 17% if you exclude currency exchange effects and recent acquisitions.
Now what: Before you write copper cables off as obsolete, killed by wireless communications or fiber-optics from Corning
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