Clearfield: Confusing Sell-Off Leaves Attractive Opportunity

It's not clear why CLFD stock has halved. Whatever the reason, the stock looks like a buy

📍 TL;DR

• Over the first 11 months of 2022, CLFD was one of the best stocks in the market. Over the last 10 weeks, it’s been one of the worst.

• The causes of the reversal aren’t exactly clear. The most likely culprits don’t seem material from a long-term perspective.

• With the stock down more than 50% from the peak, investors can acquire a successful business…