Small-Cap Spotlight: Ceragon

This week, Larsen and Frank take a look at Ceragon Networks(CRNT Quote), a small-cap company that has staked its claim in the fastest-growing area of wireless infrastructure.

Over the past six months, shares of Ceragon rocketed to over $20 from $6, but have pulled back recently to around $16.50. It is unclear whether the pullback has created an opportunity to buy or signals a longer decline.

Kusick: Step In Now

When analysts stop pumping this stock, it'll be an opportunity for long-term investors

High-growth names are always volatile. Whether you're investing in Research In Motion (RIMM Quote), Baidu (BIDU Quote) or Crocs (CROX Quote), it's important to not lose sight of the potential in a good company with strong growth and significant long-term opportunities.

Israel-based Ceragon is another high-growth name that provides some of the key equipment that goes into wireless infrastructure, creating long-term potential based on the continuing growth of next-generation wireless networks.

Even though Ceragon is a small company, with a market cap of under $600 million, it has surprising global reach, with 34% of revenue coming from North America, 28% from Asia Pacific/Latin America, and 38% from operations in Europe, the Middle East and Africa. This gives the company the opportunity to provide equipment for capacity upgrades in developed markets as well as new network construction throughout emerging markets.