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
Interested in more info on Belden? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. 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.