3 Diversified Communication Stocks Set to Ride on Upbeat Demand

The Zacks Diversified Communication Services industry is poised to benefit from healthy demand trends led by increased fiber densification and accelerated 5G deployment across the globe. However, high capital expenditures for infrastructure upgrades, unpredictable raw material prices, geopolitical conflicts and elevated inventory levels amid a challenging macroeconomic environment and uncertain market conditions have dented the industry's profitability. Nevertheless, Chunghwa Telecom Co., Ltd. (CHT) , Telef ...