NASDAQ:ERIC
11.28
0.33
(2.84%)
Ericsson is a multinational networking and telecommunications company headquartered in Stockholm, Sweden.
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Analysis and Opinions about ERIC-Q
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PAST TOP PICK
PAST TOP PICK
August 20, 2021
(A Top Pick Sep 02/20, Down 1%) Got out of it in the high $13s 6 months ago. There was a dip a couple months ago. Still believes in the 5G space. Not something that is a long term hold.
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(A Top Pick Sep 02/20, Down 1%) Got out of it in the high $13s 6 months ago. There was a dip a couple months ago. Still believes in the 5G space. Not something that is a long term hold.
DON'T BUY
DON'T BUY
June 11, 2021
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.
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.
BUY
BUY
March 24, 2021
Global leader. In his bullpen of names to look at. Poised to benefit from 5G rollout with a very competitive product. Set for free cashflow acceleration over the next few years. Trades at below market multiple. High quality name.
Show full opinionHide full opinionGlobal leader. In his bullpen of names to look at. Poised to benefit from 5G rollout with a very competitive product. Set for free cashflow acceleration over the next few years. Trades at below market multiple. High quality name.
PAST TOP PICK
PAST TOP PICK
February 16, 2021
(A Top Pick Sep 02/20, Up 15%) A play on the 5G roll-out. When he bought this, there were issues with Huawei. ERIC will be in a position to win more 5G contracts, and 5G is in its infancy. Maybe it's not his first pick in this space now, but definitely hold it if you own it.
Show full opinionHide full opinion(A Top Pick Sep 02/20, Up 15%) A play on the 5G roll-out. When he bought this, there were issues with Huawei. ERIC will be in a position to win more 5G contracts, and 5G is in its infancy. Maybe it's not his first pick in this space now, but definitely hold it if you own it.
TOP PICK
TOP PICK
December 23, 2020
One of the highest spend areas around the world is the cloud. Still has significant upside. King of 5G deployment. Getting traction around the world. Buy some here around $11.70, and then add to at $11, and at 10.25. Yield is 0.72%. (Analysts’ price target is $13.88)
Show full opinionHide full opinionOne of the highest spend areas around the world is the cloud. Still has significant upside. King of 5G deployment. Getting traction around the world. Buy some here around $11.70, and then add to at $11, and at 10.25. Yield is 0.72%. (Analysts’ price target is $13.88)
DON'T BUY
DON'T BUY
September 23, 2020
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.
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.
TOP PICK
TOP PICK
September 2, 2020
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)
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)
DON'T BUY
DON'T BUY
August 7, 2020
A critical player in 5G. However, he has found better opportunities elsewhere. It could still have some run, but he would prefer tower companies or US telecoms. They have disappointed in the past.
Show full opinionHide full opinionA critical player in 5G. However, he has found better opportunities elsewhere. It could still have some run, but he would prefer tower companies or US telecoms. They have disappointed in the past.
WAIT
WAIT
July 30, 2020
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.
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.
COMMENT
COMMENT
July 21, 2020
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.
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.
BUY
BUY
July 15, 2020
He picked this for the 5G space as the main provider for technology. It has a good track record and management is solid. They are getting a lot of orders on their own and because of Huawei's controversy. (Analysts’ price target is $10.50)
Show full opinionHide full opinionHe picked this for the 5G space as the main provider for technology. It has a good track record and management is solid. They are getting a lot of orders on their own and because of Huawei's controversy. (Analysts’ price target is $10.50)
COMMENT
COMMENT
June 10, 2020
5G deployment is a key theme for him right now. NOK and CSCO are others in the space. He much prefers ERIC overall -- he thinks it could go to $12 per share.
BUY
BUY
March 31, 2020
vs. AMD? A tough call. AMD is more a trading stock. ERIC is long-term. Both are in chips and especially 5G deployment which will play out over time. He picks ERIC.
COMMENT
COMMENT
February 14, 2020
A 5G producer? He has put his money on Ericsson, due to the their footprint and market share. Nokia has not been as consistent. This is a good time to enter he thinks and it is an area you can trade in.
DON'T BUY
DON'T BUY
January 13, 2020
ERIC is one of the three big players in 5G. Problem is, ERIC has cut its dividend. The 5G cycle must happen to boost ERIC. ERIC's three-year chart is okay, not great. Also, the Canadian (and global) telcos will have a tough time boosting cell and internet bills much to absorb the cost of launching 5G.
Show full opinionHide full opinionERIC is one of the three big players in 5G. Problem is, ERIC has cut its dividend. The 5G cycle must happen to boost ERIC. ERIC's three-year chart is okay, not great. Also, the Canadian (and global) telcos will have a tough time boosting cell and internet bills much to absorb the cost of launching 5G.
Ericsson LM Telephone(ERIC-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 5
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, 5 stock analysts published opinions about ERIC-Q. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Ericsson LM Telephone.
Is Ericsson LM Telephone a good investment or a top pick?
Ericsson LM Telephone was recommended as a Top Pick by Cole Kachur on 2021-08-20. 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?
5 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 2021-09-17, Ericsson LM Telephone (ERIC-Q) stock closed at a price of $11.28.
