Cavium Networks (CAVM) Raises Guidance, Breaks Out of 4 Month Range
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Yet another breakout in a fundamentally interesting story I've had my eye on for many months, Cavium Networks (CAVM). After a huge move in the spring and summer, the stock has been consolidating and repeatedly turned back at $22 for the past 4 months - but an increase in guidance yesterday afternoon woke up analysts whose uprades today has taken the stock out of the base. Away it goes.
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