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New Strong Buy Stocks for October 18th
ZACKS· 2024-10-18 12:40
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Hyster-Yale, Inc. (HY) : This lift trucks, attachments, and aftermarket parts company has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days. HashiCorp, Inc. (HCP) : This multi-cloud infrastructure automation solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 92.9% over the last 60 days. Tilray Brands, Inc. (TLRY) : This medical cannabis pr ...
Are You Looking for a Top Momentum Pick? Why Ericsson (ERIC) is a Great Choice
ZACKS· 2024-10-17 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?
ZACKS· 2024-10-17 14:46
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ericsson (ERIC) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Ericsson is one of 621 companies in the Computer and Technology group. The Computer and Technology group currently sits at #1 within the Zacks Sector Rank. The ...
Are Investors Undervaluing Ericsson (ERIC) Right Now?
ZACKS· 2024-10-17 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...
Ericsson(ERIC) - 2024 Q3 - Earnings Call Presentation
2024-10-15 05:30
W © Telefonaktiebolaget LM Ericsson 2024 | Third quarter report 2024 | October 15, 2024 Ericsson Third quarter 2024 October 15, 2024 Third quarter 2024 This presentation contains forward-looking statements. Such statements are based on our current expectations and are subject to risks and uncertainties that could materially affect our business and results. Please read our earnings reports and our most recent annual report for a better understanding of these risks and uncertainties and please see the last pa ...
Will Revenue Contraction Affect Ericsson's Q3 Earnings Results?
ZACKS· 2024-10-08 17:53
Ericsson (ERIC) is set to release third-quarter fiscal 2024 results on Oct. 15, before the opening bell. In the last reported quarter, the wireless equipment provider missed the Zacks Consensus Estimate by 4 cents. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company is expected to report a top-line decline year over year in the third quarter of 2024, owing to a slowdown in network investments in several regions, including India, the Middle East and Africa. Healthy demand in ...
ERIC Solutions to Modernize Tmcel's Network: Stock to Benefit?
ZACKS· 2024-10-04 15:55
Ericsson (ERIC) recently reaffirmed its partnership with Tmcel Mozambique, aimed at digitally transforming the African telecommunications provider's monetization suite and enhancing customer experiences. ERIC's Extensive Suite of Solutions Per the agreement, Ericsson will deploy Ericsson Charging and Ericsson Mediation from its state-of-the-art Business and Operations Support Systems (BSS/OSS) portfolio. Ericsson Charging provides an effective route to capture and secure revenue streams and take advantage o ...
Will ERIC Stock Benefit From 5G Deployment Across Vietnam?
ZACKS· 2024-10-01 17:25
Ericsson (ERIC) has inked an agreement with Viettel for an undisclosed amount to help create a robust digital infrastructure in Vietnam and provide superior 5G connectivity across the country. The deal strengthens the long-term business relationship between Ericsson and the state-owned telecommunications conglomerate and paves the way for developing an innovative 5G ecosystem in the Southeast Asian nation. Here's What the ERIC-Viettel Deal Brings to the Table Per the deal, the two firms will work in unison ...
Will ERIC Stock Gain From Partnership With Telenor Microfinance Bank?
ZACKS· 2024-09-30 16:26
Ericsson (ERIC) recently announced that it has collaborated with Telenor Microfinance Bank ("TMB") to upgrade the digital financial capabilities of easypaisa. Based in Pakistan, easypaisa is a subsidiary of TMB and one of the prominent digital service providers in the country, serving millions of users every day. Digital banking services are growing in prominence across industries, owing to several advantages offered compared with legacy banking system. 24/7 accessibility and remarkable flexibility enable u ...
Gaining 26% This Year, Will Ericsson Stock Rally Any Further?
Forbes· 2024-09-30 13:00
INDIA - 2024/09/16: In this photo illustration, an Ericsson logo seen displayed on a smartphone and ... [+] in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Ericsson stock (NASDAQ: ERIC) has increased by about 26% year-to-date, outperforming the broader indices. Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations, driven by a 5G licensing deal that boosted revenue and margi ...