They used to call it dark fiber...
It was the 1990s. Telecom firms plowed billions into fiber optic networks to prepare for the coming explosion in traffic for the web, wireless systems, and computer networks.
Turns out, the supposed "gold rush" was just a few years ahead of its time. So, much of the fiber optic systems sat unused. They were quite literally dark - no light, no data, was shining down the high-speed cables.
But quietly over the past few months, the fiber-optic sector has hit critical mass.
It's lit up like never before.
Consider that one small-cap leader has already handed savvy broadband investors gains of nearly 300% over the past year.
And with a market cap of just $342 million, the fast-moving stock still has plenty of room to run.
In a moment, I'll show you just what I mean...First, we need to look at the big trends pushing this and other fiber optic stocks into the stratosphere...
Telecom Investing Strategies: Six Ways to Profit From the International Broadband Boom
Telecommunications stocks have long been favorites among American investors, both for their sustained growth and their typically lucrative dividend payouts. What many investors don't realize, however, is that U.S. telecom giants now badly lag the rest of the developed world in one key part of the telecommunications sector - broadband Internet service.
Broadband providers in much of the rest of the world offer much faster connections at generally much lower prices. And those overseas players tend to have much more room for growth than the highly saturated U.S. market.
That's why investors who are seeking to maximize their long-term profits from the telecom sector need to start looking at the industry's emerging international players.
"The average U.S. household has to pay an exorbitant amount of money for an Internet connection that the rest of the industrial world would find mediocre," reported a recent issue of Scientific American.
China Internet Leader Baidu Sees its Profits Soar Nearly 80%
By William Patalon III Executive Editor Money Morning/The Money Map Report Internet-search giant Baidu.com Inc. (BIDU) – the Google Inc. of China – reported that fourth-quarter profits soared a better-than-expected 79%, although it cautioned that results for the current quarter would be weaker because of heavy winter weather. Baidu is riding a powerful wave: It’s [...]