Radcom (RDCM) surged 14.5% on high demand for 5G assurance solutions with AI capabilities

From Nasdaq: 2025-02-06 04:29:00

Radcom (RDCM) shares surged 14.5% to $14.79, driven by high demand for its 5G assurance solutions with AI capabilities. Revenue grew 20% YoY to $15.8 million in Q3, prompting an increase in 2024 revenue guidance to $59-$62 million. Acquisitions and strong customer relationships with AT&T, DISH, and Rakuten Mobile fuel long-term growth.

Cisco (CSCO) closed 2% higher at $62.57, with an upcoming EPS estimate of $0.91, up 4.6% YoY. Radcom’s EPS estimate for the next quarter remains unchanged. Monitoring earnings estimate revisions is crucial for stock price movements. Both companies are part of the Computer-Networking industry, with Cisco holding a Zacks Rank #2 (Buy).

Experts recommend 7 elite stocks, including Radcom and Cisco, as top picks for potential price pops. The Zacks Rank #1 (Strong Buy) list has outperformed the market by 2X since 1988, averaging a +24.3% annual gain. Stay updated on these stocks for early investment opportunities.



Read more at Nasdaq: Radcom (RDCM) Moves 14.5% Higher: Will This Strength Last?