E Daily Stock Pick: Adtran Inc. (ADTN)

I'm now looking for a second technology sector representative for my new Ivy portfolio.

That technology sector has nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

Today I'm reviewing a small-cap communication equipment firm, named Adtran Inc. Its trading ticker symbol is ADTN. I last reported on this company November sixth, 2018.

Adtran Inc. is engaged in providing networking and communications equipment. Its products enable voice, data, video and Internet communications across a variety of network infrastructures.

The company operates through two segments, Network Solutions and Services & Support. It offers access and aggregation solutions, including network management and subscriber services control and orchestration software.

The company's access and aggregation solutions also comprise cabinet and outside-plant enclosures and services; pluggable optical transceivers, cables, and other miscellaneous materials; and other products and services.

In addition, it provides customer devices comprising broadband customer premise solutions, such as passive optical network and point-to-point Ethernet optical network terminals; radio frequency over glass micro nodes; residential and business gateways; Wi-Fi access points and related powering and switching infrastructure, and other products and services.

Further, the company offers time division multiplexed and asynchronous transfer mode based aggregation systems and customer devices.

Additionally, it provides planning, engineering, program management, maintenance, support, installation, commissioning, and implementation services.

The company serves communications service providers, distributed enterprises and small and medium-sized businesses, public and private enterprises, and individual users.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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