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Is InterDigital (IDCC) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-12-23 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...
Will IDCC's Acknowledgement of AI Innovations Benefit the Stock?
ZACKS· 2024-12-23 17:31
InterDigital, Inc. (IDCC) was honored with three prestigious Fierce Network Innovation Awards for its outstanding advancements in AI, Sustainability and Mobile Wireless Evolution. Organized by Fierce Networks, these awards are designed to recognize the most visionary service providers and vendors for their outstanding wireless, broadband and cloud services and equipment unveiled in the past year.IDCC’s Award-Winning SpreeIn the AI category, InterDigital's AI-native Receiver Design for Future Wireless Commun ...
InterDigital Wins Fierce Network Innovation Award For AI
Newsfilter· 2024-12-20 09:00
WILMINGTON, Del., Dec. 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, was awarded a Fierce Network Innovation Award recognizing outstanding innovation in AI. Announced on December 19, the annual Fierce Network Innovation Awards celebrate transformative companies, solutions, and individuals with the potential to revolutionize networks, drive customer engagement, and deliver substantial savings and innovation. In the category ...
End of Year Rally: 3 Stocks to Watch (IDCC, FUTU, EXEL)
ZACKS· 2024-11-26 18:35
As the calendar winds down, the stock market often heats up. The last five weeks of the year have historically shown a bullish seasonal pattern, fueled by holiday optimism, institutional portfolio adjustments, and a tendency for investors to position themselves for the upcoming year. This "Santa Claus rally" can provide lucrative opportunities for investors who know where to look.Combining this favorable market seasonality with the Zacks Rank—a proven stock-picking strategy rooted in earnings estimate revis ...
InterDigital, Inc. (IDCC) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2024-11-26 15:20
Have you been paying attention to shares of InterDigital (IDCC) ? Shares have been on the move with the stock up 33.2% over the past month. The stock hit a new 52-week high of $194.9 in the previous session. InterDigital has gained 78.6% since the start of the year compared to the 28.5% move for the Zacks Computer and Technology sector and the 28.1% return for the Zacks Wireless Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't mis ...
Here's Why InterDigital Stock is a Solid Investment Option Now
ZACKS· 2024-11-25 16:46
Core Viewpoint - InterDigital, Inc. (IDCC) has experienced a significant stock surge of 89.4% over the past year, attributed to improved market demand and a flexible business model, alongside a robust cash flow [1] Group 1: Growth Drivers - InterDigital's global footprint, diversified product portfolio, and market penetration capabilities are key growth drivers [2] - The company is expanding its offerings by adding technologies related to sensors, user interface, and video, which are expected to enhance its value proposition in the licensing market [2] Group 2: Licensing Strategy - InterDigital's commitment to licensing its technology portfolio to major wireless terminal equipment manufacturers, including Huawei, Samsung, LG, and Apple, is a notable aspect of its strategy [3] - The company is also focusing on agreements with unlicensed customers in the handset and consumer electronics sectors [3] Group 3: Future Outlook - For 2024, InterDigital anticipates revenues between $855 million and $865 million, a significant increase from the previous estimate of $690 million to $740 million [5] - Adjusted EBITDA is projected to be between $533 million and $543 million, up from earlier estimates of $378 million to $416 million [5] - Non-GAAP earnings are expected to range from $14.69 to $14.99, compared to the prior projection of $9.70 to $10.95 [5] Group 4: Financial Performance - The stock has a long-term earnings growth expectation of 17.4% and has delivered an average earnings surprise of 163.7% over the last four quarters [6]
Here's Why InterDigital (IDCC) is a Strong Growth Stock
ZACKS· 2024-11-25 15:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What ...
3 Reasons Growth Investors Will Love InterDigital (IDCC)
ZACKS· 2024-11-20 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond ...
IDCC vs. MSI: Which Stock Is the Better Value Option?
ZACKS· 2024-11-20 17:45
Investors with an interest in Wireless Equipment stocks have likely encountered both InterDigital (IDCC) and Motorola (MSI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style ...
Why InterDigital (IDCC) is a Top Value Stock for the Long-Term
ZACKS· 2024-11-19 15:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...