After spending much of the past six months at a mediocre three-star rank, Telestone Technologies
With demand for Telestone's equipment and services on the rise and its valuation recently becoming more favorable as the stock is down more than 50% year to date, many CAPS members are taking a renewed look at the stock. The company reported a 41% jump in first-quarter revenue and expects the strength to continue as Chinese telecom heavyweights spend cash to improve their wireless networks and capture more subscribers. Although China Unicom
The growing Chinese market is expected to help a number of players -- telecom equipment maker Alcatel-Lucent
With the backdrop of heavy spending in the region, Telestone recently raised its full-year revenue guidance and now looks for 80% year over year revenue growth. With improving demand in its favor, many CAPS members see tremendous potential in the small cap.
Do you think Telestone Technologies deserves its improved status? Add your thoughts in the comments box below on this page, or head over to CAPS to rate the company and check out all the information the community offers.
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Fool contributor Dave Mock recently upgraded his brainpower with extensive mental exercises. He owns shares of Qualcomm and is the author of The Qualcomm Equation, which is published in China as well. The Fool owns shares of China Mobile. The Fool's disclosure policy could eat Peking Duck on a daily basis.