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North America flat, cannabis’ first birthday and the Brexit merry-go-round24 Stock Top Picks (Oct 26-Nov 01)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 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
In the last year, there was no coverage of Ericsson LM Telephone published on Stockchase.
Ericsson LM Telephone was recommended as a Top Pick by on . Read the latest stock experts ratings for Ericsson LM Telephone.
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0 stock analysts on Stockchase covered Ericsson LM Telephone In the last year. It is a trending stock that is worth watching.
On 2024-12-05, Ericsson LM Telephone (ERIC-Q) stock closed at a price of $8.46.
It spent a lot on 5G and it will take several years to realize the return on this. The company has been disappointing.