Jim Cramer - Mad Money Clearfield CLFD-Q BUY Dec 19, 2022

A small-cap that makes fibre-optic cable to build networks. They've been around since the 1980s under various names. It went public in the early-90s, very small, which he doesn't like because it their volatility. But it has soared in the past year, totally justified. They've seen a huge ramp-up in business with 92% growth this past year as expenses decline in proportion to sales. Net income jumped 243% in the past year. Still trades cheaply at 23x. The 5G build-up is seeing alot of demand, tons of investment in rural broadband, fuelled by federal funding of $100 billion of rural subsidies. This money is hitting CLFD sooner than expected. They raised guidance for 2023. Shares are up 18% in the past month.