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3 Communication Stocks Set to Ride on Fiber Network & Cloud Focus
ANETArista(ANET) ZACKS·2024-11-28 16:16

The Zacks Communication - Components industry appears well poised to benefit from healthy demand trends and an increasing user propensity to stay abreast of the latest digital innovations. However, price volatility due to elevated customer inventory levels, high capital expenditures for infrastructure upgrades, margin erosion, geopolitical conflicts and raging wars have dented the industry's profitability. Nevertheless, Arista Networks, Inc. (ANET) , Corning Incorporated (GLW) and Harmonic Inc. (HLIT) are l ...