Tellabs, Inc is a company that designs equipment and provides services to communications services providers around the globe. What is the Royalty Trades position on this stock?
We're not in love with it, frankly. On the one hand, TLAB does have a good price to earnings ratio. And . . . that's about it. On the con side we have not so great momentum, a high PE to five year growth multiple, and a bad quarterly earnings report. Topping it all off is the fact that insiders have been selling their shares lately, which is pretty much the most ominous sign to look out for. So for now, we'd stay away from TLAB.
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