We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
AT&T (T) to Support Texas Department of Information Resources
Read MoreHide Full Article
AT&T Inc. (T - Free Report) has been selected by the Texas Department of Information Resources (“DIR”) as a connectivity and technology services provider.
The DIR provides technology solutions to Texas state and local government entities. It aims to serve the Texas government by leading the state’s technology strategy, protecting technology infrastructure and offering cost-effective solutions for all levels of the government.
The latest deal will provide almost 5,000 Texas public agencies and schools access to advanced solutions through a comprehensive procurement vehicle. Earlier, agencies procured contracts for different technologies through multiple vehicles.
AT&T will simplify the process for customers by providing them access to a range of solutions across its network through a single-source procurement process.
From 2018 to 2020, AT&T invested more than $7.7 billion in Texas to build fiber and wireless across Texas. In recent years, the company has worked with Texas agencies for the migration of 5,000 locations to new network technologies.
Customers can now enjoy several new services like high-speed fiber and wireless broadband, cloud-based voice and SD-WAN. AT&T will continue to provide connectivity solutions available to Texas agencies, which include Managed Services, IoT connectivity and public safety communications.
AT&T continues to invest in key areas of business and adapt to the evolving market scenario for long-term growth. The stock has, however, lost 21.2% in the past year compared with the industry’s decline of 10.1%.
Clearfield, Inc. (CLFD - Free Report) is a better-ranked stock in the broader Zacks Computer and Technology sector, sporting a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has been revised upward by 20.5% over the past 60 days.
Clearfield delivered a trailing four-quarter earnings surprise of 50.7%, on average. It has gained 79.5% in the past year.
Qualcomm, Inc. (QCOM - Free Report) , carrying a Zacks Rank #2 (Buy), is another solid pick for investors. The consensus estimate for current-year earnings has been revised upward by 12.2% over the past 60 days.
Qualcomm delivered a trailing four-quarter earnings surprise of 12.2%, on average. It has appreciated 19.2% in the past year.
Sierra Wireless, Inc. carries a Zacks Rank #2. The consensus mark for current-year earnings has been revised upward by 237.5% over the past 60 days.
Sierra Wireless pulled off a trailing four-quarter earnings surprise of 58%, on average. The stock has returned 12.2% in the past year.
See More Zacks Research for These Tickers
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
AT&T (T) to Support Texas Department of Information Resources
AT&T Inc. (T - Free Report) has been selected by the Texas Department of Information Resources (“DIR”) as a connectivity and technology services provider.
The DIR provides technology solutions to Texas state and local government entities. It aims to serve the Texas government by leading the state’s technology strategy, protecting technology infrastructure and offering cost-effective solutions for all levels of the government.
The latest deal will provide almost 5,000 Texas public agencies and schools access to advanced solutions through a comprehensive procurement vehicle. Earlier, agencies procured contracts for different technologies through multiple vehicles.
AT&T will simplify the process for customers by providing them access to a range of solutions across its network through a single-source procurement process.
From 2018 to 2020, AT&T invested more than $7.7 billion in Texas to build fiber and wireless across Texas. In recent years, the company has worked with Texas agencies for the migration of 5,000 locations to new network technologies.
Customers can now enjoy several new services like high-speed fiber and wireless broadband, cloud-based voice and SD-WAN. AT&T will continue to provide connectivity solutions available to Texas agencies, which include Managed Services, IoT connectivity and public safety communications.
AT&T continues to invest in key areas of business and adapt to the evolving market scenario for long-term growth. The stock has, however, lost 21.2% in the past year compared with the industry’s decline of 10.1%.
Image Source: Zacks Investment Research
T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Clearfield, Inc. (CLFD - Free Report) is a better-ranked stock in the broader Zacks Computer and Technology sector, sporting a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has been revised upward by 20.5% over the past 60 days.
Clearfield delivered a trailing four-quarter earnings surprise of 50.7%, on average. It has gained 79.5% in the past year.
Qualcomm, Inc. (QCOM - Free Report) , carrying a Zacks Rank #2 (Buy), is another solid pick for investors. The consensus estimate for current-year earnings has been revised upward by 12.2% over the past 60 days.
Qualcomm delivered a trailing four-quarter earnings surprise of 12.2%, on average. It has appreciated 19.2% in the past year.
Sierra Wireless, Inc. carries a Zacks Rank #2. The consensus mark for current-year earnings has been revised upward by 237.5% over the past 60 days.
Sierra Wireless pulled off a trailing four-quarter earnings surprise of 58%, on average. The stock has returned 12.2% in the past year.