CRNT Stock Up 71% in 3 Months: Buy Now or Wait for a Pullback?

Ceragon Networks Ltd. (CRNT) shares have proven resilient, with a 70.7% gain in the past three months, outpacing the industry’s decline of 9.4%. Headquartered in Rosh HaAyin, Israel, Ceragon provides wireless backhaul and fronthaul solutions that enable cellular operators and other wireless service providers to increase operational efficiency.It has also outperformed the Zacks Computer and Technology sector and the S&P 500 composite’s growth of 4.5% and 3.3%, respectively.The gain is also better than some o ...