Dycom Industries (DY)

This is in the basic industry of laying cable. All of America is being re-cabled to a higher spec. Their customers are all very well known. Inexpensive, trading in the mid-teens. Last quarter they grew revenues 20%.

Primarily an infrastructure company, and do cables, engineering. They do about $2.4 billion in sales. Insider owners have been huge sellers. BV is about $16. If he owned this, he would be looking to Sell.

They are a supplier to the telecom industry. They run cable throughout the US. Needs are big. The bandwidth in place is not enough. It is down and it is a great buying opportunity.

Lays cable for telecom companies. Their major customers are Verizon (VZ-N will) and AT&T (T-N). (Also thinks Google is a customer as well.) The US has to be rewired because there is just that much more broadband width required for the data and video that people now demand. 2015 is a transformational year for them. Growth prospects for them are very, very sound.

Wouldn’t be too concerned with the trending down of the stock in the last few weeks. Small cap tech space has had a little weakness over the last few weeks but the company continues to do good things. They lay cable and work very closely with big telcos, which are having trouble keeping up with demand.

Infrastructure company to the Telcos. Wireless and wire line. With the need for LTE type broadband, they are busy and doing well.