Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, satellite phone company Iridium Communications (NAS: IRDM) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Iridium's business and see what CAPS investors are saying about the stock right now.
McLean, Va. (2000)
CEO Matthew Desch (since 2006)
CFO Thomas Fitzpatrick (since 2010)
Trailing-12-MonthReturn on Equity
$103.8 million / $265.3 million
RRsat Global Communications
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
Earlier this year, hbrown19 touched on tailwinds working in Iridium's favor: "With wireless communication busting at the seams, and the current tired infrastructure in need of some serious help, these guys are poised to be ready when the market demands more."
Over the next five years, in fact, Iridium is expected to grow its bottom line at a brisk rate of 17.5% annually. That's much faster than more traditional telecom plays like AT&T (NYS: T) (3.8%), Sprint (NYS: S) (0.9%), and Verizon Communications (NYS: VZ) (8.7%).
CAPS member MYPIX elaborates on the growth opportunity:
Eventually, the world of mobile communication is going to have to go through a big change. There just isn't enough room on the spectrum to fit everyone who needs to talk. When they revamp this whole system, [satellite communication] is going to replace the towers, at least in some parts. ... [Satellite communication] would be great if they could get the technology together. No dropped calls, no areas without service. IRDM is currently working on an Internet service via satellite. I've worked with their products before and they are very reliable. ... Currently priced below book value, this is unmerited given the growth possibilities for this company.
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