Avici Systems Inc. (AVCI), the company makes optical gears for routers, made new 52-week high today. It was mentioned as stocks to watch in the pre-market. If you bought it this morning like me, you would make $1 per share, or $100 per 100 shares. It went as high as $8.25 because of the earning announcement this morning.
So why I like this stock so much, its earning was double from last year. It is in the very hot industry , fiber optics, check out stocks like, (GLW), (OPTC), (AVNX), and even the lowly (JDSU). They are the strong stocks in the hot industry. Internet broadband is ever growing. This can be the ticket to high growth.
Look at the chart for yourself, you will see what I meant.
Tags: avci, fiber optics
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