CommScope: More Upside For COMM Stock?
1. CommScope sold its connectivity business for $10.5 billion to Amphenol. 2. Stock price surged 86%, reflecting optimism about debt reduction. 3. Annual revenue rose 6%, with a notable 32% quarterly increase. 4. Concerns remain about its high debt-to-equity ratio of 229%. 5. Valuation indicates potential undervaluation despite recent stock appreciation.