Savvy Trades and Investments

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That's my take on AVNW. Shelf gives them the flexibility to make an acquisition down the road. Risk is they make a dumb acquisition, but I'm going to trust the CEO knows what he's doing. As he's accomplished so much in a relatively short period of time. AVNW has put up 2 quarters in a row of blockbuster results. And I think they'll report another fantastic quarter in early May. Seasonally a bit weaker and there was some 1-time revenue last quarter. But hopefully they'll recognize initial revenue from DISH as this deal ramps up-

https://finance.yahoo.com/news/dish-selects-aviat-5g-microwave-120000171.html

AVNW has had a big run, and is no longer the incredible bargain it used to be. I still think it's an attractive hold into earnings. Stock is down 23% in a week. Wouldn't be surprised if we saw $30 on this dip. But then I think we could see new highs this summer (assuming the broader markets don't fall apart). Outlook next month should be very bullish for this 5G company as there's still many billions to be spent. Still feels like we're in the early innings here.

From the last earnings PR-

"This was another record quarter and very successful first half of the fiscal year for Aviat," said Peter Smith, President and Chief Executive Officer of Aviat. "Our Company continued to execute on our key long-term focus areas of sales growth, margin expansion, expense reductions and meaningful bottom-line improvements. We continue to prove out Aviat's differentiation in the market with key wins for our multi-band transport solution for 5G, Private Networks and Rural Broadband, capturing share of demand and demonstrating the viability of our offering."

Mr. Smith continued, "Our unique, multi-band hardware and software solutions recently led to Aviat being selected by a U.S.-based Tier 1 5G operator as a key microwave transport vendor. In addition, during the second quarter, Aviat again increased its share of demand in Rural Broadband by being awarded a contract with Nextlink Internet to support their rapidly growing business and their focus on bringing high-speed internet to rural America, a market in which we are well-positioned and one that will benefit from meaningful government funding, including the $9 billion 5G Fund for Rural America and the $20 billion Rural Digital Opportunity Fund."