Tessco Technologies (NASDAQ: TESS) buy when there is Blood in the Street

One of the best ways to scour the best deals in the stock market is to go through disappointing news. There is an old Wall Street adage that says, “Buy when there is blood on the street.” For instance, the market is quick to dump a stock that presented a slower than expected quarterly results. The short-sightedness of the market creates various opportunities for the trained eye.

Recently,  Tessco Technologies (NASDAQ: TESS) shares declined by 2.12% for the month after it reported a slower third quarter earnings result. The company architects and delivers the product and value chain to organizations responsible for building, operating and maintaining wireless broadband systems. It offers product categories such as base station infrastructure, network systems, installations, test and maintenance products.

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