3 Wireless Non-US Stocks Likely to Thrive on Industry Strength

The Zacks Wireless Non-US industry appears well-poised to benefit from healthy demand trends stemming from the increasing propensity to stay connected. However, high capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, raging wars and high customer inventory levels have dented the industry’s profitability.Nevertheless, TIM S.A. (TIMB) , Ceragon Networks Ltd. (CRNT) and PLDT Inc. (PHI) are likely to capitalize on the solid long-term growth o ...