Sorry!! The article you are trying to read is not available now. Reports on Novatel Wireless, Emerging Growth Stock Pick., a leading digital financial media company, Reports on Novatel Wireless (NASDAQ: NVTL) Emerging Growth Stock Pick.  Also discussed, Sprint Corporation (NYSE: S), Dell Computers (NASDAQ: DELL) and others.


Feature your company on  Click here to find out how


After reporting on Majesco Entertainment (NASDAQ: COOL), on Tuesday, releases its next stock pick Novatel Wireless (NASDAQ: NVTL)


Novatel Wireless (NASDAQ:NVTL) has had a rough year. The San Diego California based company provides a number of wireless broadband entry solutions for the worldwide mobile communications market. They offer up a menu of products such as Third Generation (3G) Wireless PC card modems, embedded modems, ruggedized and communications software. Key customers include wireless operators and technology solutions providers, such as Sprint Nextel Corporation (NYSE: S), Dell (NASDAQ: DELL), and AT&T Inc. (NYSE: T).


The past five years have seen shares slowly but steadily fall and investors in Novatel have felt the pain. Shares started the New Year trading at over $3.60 and bottomed out at $1.17. Just last month shares reached a 52 week low and analysts were decidedly pessimistic about buying into the company. Novatel also reported weak financial results for the third quarter of 2012. On the plus side the company posted Q3 EPS of $0.27, $0.05 better than the experts estimate, but revenue for the quarter came in at disappointing $71 million versus the consensus estimate of $78.8 million. To add insult to injury, the company was recently removed from the S&P 600 because of its low market capitalization.


However, things appear to be turning around. Over the past two weeks the stock is rebounding nicely and is one of today's best performing low-priced stocks, up almost 5% for the day trading at $1.39. Shares have outperformed the Dow and outperformed the S&P 500 during today's trading. So far, 547,687 shares have traded versus an average volume of 439,000. Larger competitors such as Electronics For Imaging Inc. (NASDAQ: EFII) and LG Digital Display Company Ltd. (NYSE: LPL) are not faring nearly so well. LPL shares are down by $0.27. EFII is showing a loss of $0.22 at the moment. Novatel Wireless has a potential upside of 19.5% based on a current price of $1.39 and analysts' consensus price target of $1.61.


Part of the boost in the company’s value can be attributed to the October release of MiFi 2. It is described as a next-generation intelligent mobile hotspot. MiFi is a mega portable wireless gadget that generates an environment of high-speed Internet connectivity that can be easily shared between multiple users and Wi-Fi devices. The ground-breaking MiFi 2 is the first touchscreen smart mobile hotspot offered in the market. This coupled with the big boys that Novatel has partnered with could be the right combination to push the struggling business into its own. This one is worth a hard look.




By offering 100% original and unmatched content by the best financial reporters, writers and bloggers in the business, is emerging a leading digital financial media portal. Its services provide users, subscribers and advertisers with a variety of content and tools through a range of online, social media, mobile and other mobile outlets.


Since its inception, has distinguished itself from other financial media companies with its sly approach to reading between the lines in order to locate that needle in the haystack.  Subscribe today to see what has to offer.

NEW:  Feature your company on  Find out how by filling out our form at




Join our Linked in Group


Like us on Facebook


All information contained herein as well as on the website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of and should not be construed as an offer or solicitation to buy or sell securities. From time to time, receives compensation by the companies profiled in its emails or on its website. If any compensation is received it appears fully detailed in the disclosure on our website as well as on any pages or emails where that company is located under a "Special Disclosure" link. Before investing please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the website. Always remember that investing in securities such as the ones listed within are for high-risk tolerant individuals only and not the general public. Whether you are an experienced investor or not, you should always consult with a stockbroker, financial advisor, or similar before purchasing or selling any securities viewed on any emails sent from or its website.





Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here