• The company’s shares doubled from the lows in December and have surprised investors on the upside for three consecutive quarters.
• CLFD has solid growth, a large cash flow increase, and a good deal of operational leverage, which are a bit hidden from sight.
• However, we think for now the smart money is made, but we think another leg up is likely when the 5G build-out gains track.

Source: Clearfield Inc. Is Coming Of Age – Clearfield, Inc. (NASDAQ:CLFD) | Seeking Alpha