3 Communication Stocks Likely to Surpass Industry Conundrums

The Zacks Communication - Components industry appears mired in raw material price volatility due to elevated inventory levels amid a challenging macroeconomic environment, uncertain market conditions and geopolitical conflicts. Moreover, high capital expenditure for infrastructure upgrades for 5G deployment, inflated equipment costs, supply chain adversities albeit at diminishing pace and margin erosion have dented the industry’s profitability.Nevertheless, Harmonic Inc. (HLIT) , Ooma, Inc. (OOMA) and Audio ...