Edison Investment Research Comments on Silicom Ltd. on Network Acceleration

In a report published Wednesday, Edison Investment Research analyst Dan Ridsdale commented on Silicom Ltd. (NASDAQ: SILC).

In the report, Ridsdale noted, “Silicom's adapters and converters are essential components within many network and data infrastructure appliances. End-market growth is being driven by multiple trends, including rising internet traffic and cloud computing, while strong product innovation and design win progress is enabling Silicom to substantially outgrow its customer base. If these trends can be maintained we would expect the shares to re-rate upwards.”

Silicom Ltd. closed on Tuesday at $30.58.