The AI Boom Is Turning This Cable Maker Into a Stock to Watch
Belden (NYSE: BDC) reported record Q2 revenue of $750.2M, up 11.6% YOY, and net income of $68.5M, up 12.3%. The company benefits from AI data center demand and completed a $1.85B acquisition of RUCKUS Networks. Analysts rate it a Buy with an average price target of $156.25, implying 20% upside. Risks include competition and integration challenges.

