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3 Communication Stocks Set to Ride on Fiber & Cloud Thrust
ANETArista(ANET) ZACKS·2024-06-13 15:20

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, volatility in raw material prices 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) , Harmonic Inc. (HLIT) and Ooma, Inc. (OOMA ...