Morgan Keegan Discusses Dycom (DY)

Morgan Keegan discusses Dycom Industries, Inc. DY, which it believes will benefit from a new investment cycle in broadband in 2011. In the research report, Morgan Keegan notes, "Broadband upgrades come from more than just government stimulus and address bandwidth hungry customers and the stress from video – ADTRAN, Alcatel-Lucent, Calix, Dycom, Huawei." Shares of Dycom gained 42 cents yesterday to close at $10.42, a gain of 4.2%.