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Ericsson LM Telephone (ERIC-Q)
NASDAQ:ERIC
5.72
0.09
(1.47%) 1d
Financials
Technical Analysis
$10.950
Owned
Europe was more advanced than Canada until 2000s in terms of telecommunications. Now that Europe has lowered the cost of consumer phones, there was a lull and under investment in the network in Europe. There will be continuing development with towers for wireless activities and 5G. Political concerns with Huawei will help Ericsson. Optical equipment grow quickly and then stagnates.
Up from its lows. He stays away from hardware producers, as it's hard to differentiate products except for Apple. Issue of timing. Huawei is still a serious player. Hardware is traditionally a hard business to make money in.
Along with Nokia, an alternative to Huawei. Just rolled out 5G in Slovenia. Tons of investment opportunity in the sector. Yield is 0.64%. (Analysts’ price target is $12.13)
Product probably inferior to Huawei, which will continue to grow. The question is who will be competition of Cisco in other markets. Ericsson could benefit structurally from the Five Eyes alliance. He's not a buyer here. A lot depends on whether the Democrats get the keys to the White House and want to continue with the China ban on technology.
Nokia vs. Ericsson These companies have come into their own since the US government has pressured other government to not use Huawei for their 5G networks. Ericsson has done well in 5G. Nokia made an acquisition of Alcatel-Lucent that was difficult to pull off but has since gotten a lot better. Nokia will do a little better than Ericsson. Nokia has new management.
Ericsson LM Telephone(ERIC-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Ericsson LM Telephone(ERIC-Q) Frequently Asked Questions
What is Ericsson LM Telephone stock symbol?
Ericsson LM Telephone is a American stock, trading under the symbol ERIC-Q on the NASDAQ (ERIC). It is usually referred to as NASDAQ:ERIC or ERIC-Q
Is Ericsson LM Telephone a buy or a sell?
In the last year, there was no coverage of Ericsson LM Telephone published on Stockchase.
Is Ericsson LM Telephone a good investment or a top pick?
Ericsson LM Telephone was recommended as a Top Pick by on . Read the latest stock experts ratings for Ericsson LM Telephone.
Why is Ericsson LM Telephone stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Ericsson LM Telephone worth watching?
0 stock analysts on Stockchase covered Ericsson LM Telephone In the last year. It is a trending stock that is worth watching.
What is Ericsson LM Telephone stock price?
On 2023-02-08, Ericsson LM Telephone (ERIC-Q) stock closed at a price of $5.715.
