But despite its massive gains, there's one potential trouble spot that investors should keep an eye on -- Sierra's Enterprise Solutions.
While the company makes the vast majority of its revenue from its OEM Solutions segment, Sierra's missing out on the opportunity to grow its enterprise business and sell more software to manage Internet of Things connections. This becomes even more important when you consider that its enterprise business has much higher margins that its OEM counterpart.
To find out more about Sierra's opportunity and what it needs to work on, click through the slide show below.
Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Sierra Wireless. The Motley Fool owns shares of Sierra Wireless. 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 has a disclosure policy.