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 coaxial networking expert Arris Group
So what: Adjusted second-quarter earnings of $0.21 per share beat analyst estimates with authority in spite of somewhat slow sales. The next-quarter outlook is largely in line with Wall Street's projections, meaning a return to sales growth and earnings similar to this quarter's.
Now what: Arris' success is a shocking contrast to today's terrible results from sector rival Alcatel-Lucent
Interested in more info on Arris Group? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Fool owns shares of and has created a bull call spread position on Cisco Systems. Motley Fool newsletter services have recommended buying shares of Cisco Systems and shorting Juniper Networks. Try any of our Foolish newsletter services free for 30 days. 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 is investors writing for investors.