|Day Low/High||27.05 / 27.96|
|52 Wk Low/High||16.87 / 32.08|
Patient investors in Iridium have done well as the stock has rebounded from its 2016 lows.
Aggressive traders can go long Iridium at current levels and above $25, risk below $20 for now and look for gains to the $32 to $33 area.
We await the Fed's interest rate decision at 2 pm.
This list was driven by the charts, but do your homework and fundamental research before you jump in.
There are a number of bullish clues in looking at where Iridium Communications's stock price is headed.
Apple (AAPL) may be looking to improve its mapping capabilities, having just acquired Bay Area global positioning company Coherent Navigation.
We'll swap out a small-cap industrial for a small-cap communications tech firm.
Matthew Desch, CEO of Iridium, says the company is prepared for potential Defense budget cuts and is benefiting from its performance during Hurricane Sandy.
The communications-equipment firm just inked a long-term deal -- and shares are trading at an excellent value.
A screen I ran for profitable, small-cap value companies last year has turned up 19 prospects for 2012.