Why CalAmp Stock Is Up 31% in 2017

CalAmp's (NASDAQ: CAMP) share price has jumped 31% so far this year, according to data provided by S&P Global Market Intelligence, thanks to the company proving over the past two quarters that it can grow its core business. 

CalAmp delivered a strong fiscal fourth-quarter in mid-April, with revenue increasing 22% year over year. Investors boosted the company's share price by about 14% following the news.

Image source: CalAmp.

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Source: Fool.com