NASDAQ:ERIC
10.48
0.01
(0.10%)
Ericsson is a multinational networking and telecommunications company headquartered in Stockholm, Sweden.
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Ericsson LM Telephone
ERIC-Q
Analysis and Opinions about ERIC-Q
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
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.
BUY
BUY
November 13, 2019
A 5G recommendation? Ericsson just released strong results, driven by 5G momentum and strong execution on its networks business. Over the next 2-4 years they will have great growth. 5G will impact the rise of the internet and will have a massive impact on our world.
Show full opinionHide full opinionA 5G recommendation? Ericsson just released strong results, driven by 5G momentum and strong execution on its networks business. Over the next 2-4 years they will have great growth. 5G will impact the rise of the internet and will have a massive impact on our world.
PAST TOP PICK
PAST TOP PICK
October 1, 2019
(A Top Pick Oct 31/18, Down 7%) He bought more stock. This is about 5G with the big three hardware players being Huawei (can't buy it, because it's state-owned), Nokia and Ericsson. He owns the latter two. This is down due to litigation issues. It's a great opportunity to buy it now.
Show full opinionHide full opinion(A Top Pick Oct 31/18, Down 7%) He bought more stock. This is about 5G with the big three hardware players being Huawei (can't buy it, because it's state-owned), Nokia and Ericsson. He owns the latter two. This is down due to litigation issues. It's a great opportunity to buy it now.
COMMENT
COMMENT
May 27, 2019
He can't judge the difference between this and NOK-N. If Hauwei continues as a competitor, they will not have to generate the same financial results in their business as Western companies do. He does not think ERIC-Q will position themselves to increase production until they are told China is being kept out of the market.
Show full opinionHide full opinionHe can't judge the difference between this and NOK-N. If Hauwei continues as a competitor, they will not have to generate the same financial results in their business as Western companies do. He does not think ERIC-Q will position themselves to increase production until they are told China is being kept out of the market.
BUY WEAKNESS
BUY WEAKNESS
April 17, 2019
They took profit on it at $9.65. With CISCO, Nokia and Huawei are the big ones in the 5G deployment. He likes it.
Show full opinionHide full opinionThey took profit on it at $9.65. With CISCO, Nokia and Huawei are the big ones in the 5G deployment. He likes it.
WAIT
WAIT
April 3, 2019
Ericsson vs. Nokia. He's taken profit on both, and they're out of both and looking for them to come back. Nokia top and bottom line missed on both. For Ericsson, he'd look to buy back in around 890. Both benefited from the Huawei controversy. But now a lot of the European telecoms and IT companies are buying from Huawei.
Show full opinionHide full opinionEricsson vs. Nokia. He's taken profit on both, and they're out of both and looking for them to come back. Nokia top and bottom line missed on both. For Ericsson, he'd look to buy back in around 890. Both benefited from the Huawei controversy. But now a lot of the European telecoms and IT companies are buying from Huawei.
Ericsson LM Telephone(ERIC-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 7
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, 7 stock analysts published opinions about ERIC-Q. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 John O'Connell, CFA on 2020-09-23. 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?
7 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 2020-09-25, Ericsson LM Telephone (ERIC-Q) stock closed at a price of $10.48.
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.