InterDigital Surges 83% in the Past Year: Time to Buy IDCC Stock?

Shares of InterDigital, Inc. (IDCC) have soared 82.8% over the past year, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for the current fiscal have increased 49.3% over the past year, implying robust inherent growth potential. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) stock appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.Image Sou ...