Don't Panic Over Netgear's Plunge

By Steve Symington – Jul 30, 2013 at 5:30PM

NASDAQ: NTGR

Netgear

Market Cap

$420M

Today's Change

(1.36%) $0.19

Current Price

$14.15

Price as of April 18, 2024, 4:00 p.m. ET

Shares of Netgear fell 9% on Friday after the company reported earnings. Here's why things may not be as bad as they seem.

Shares of Netgear (NTGR 1.36%) plunged 9% last Friday after the small networking company reported earnings. Should investors be concerned?

Fool contributor Steve Symington doesn't think so, and he outlines several reasons for his stance in the video below, including Netgear's strength in the commercial segment, resolved product launch issues, and its rock-bottom valuation.

But what do you think? Is Netgear's drop justified, or is this a great opportunity for long-term investors to buy? Please watch the video below to get Steve's take, then let us know what you think in the comments second below.

Fool contributor Steve Symington owns shares of Netgear. The Motley Fool recommends Cisco Systems and Netgear. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.