Ericsson (ERIC) Hits New High on Stellar Earnings

We recently published Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is one of the best performers on Tuesday. Ericsson surged to a new all-time high on Tuesday, after reporting a strong earnings performance in the third quarter of the year. In intra-day trading, Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) climbed to its highest 52-week price of $9.87 before slightly paring gains to end the day up by 20.56 percent at $9.85 apiece. This followe ...