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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.51 USD

7.51
6,194,489

+0.06 (0.81%)

Updated Oct 11, 2024 04:00 PM ET

After-Market: $7.50 -0.01 (-0.13%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 34% (166 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

BCE's Bell Brings 5G Service to Enhance Innovation in Canada

BCE's Bell is working with global and domestic partners, including Nokia and Ericsson, to ramp up 5G innovations.

Nokia Solution to Boost Pakistan Telecom Customer Service

Nokia (NOK) deploys its avant-garde suite of machine learning and automation, including Service Management Platform, to aid Pakistan Telecommunication Company Limited with enhanced customer service.

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Telecom Stock Roundup: Ericsson Boosts Presence in China, Corning Taps Funds & More

While Ericsson (ERIC) strengthens its presence in China with 5G contracts, Corning (GLW) boosts healthcare segment with funds to increase production capacity.

Ericsson Furthers Collaboration With O2 UK for 5G Networks

Ericsson (ERIC) continues to help O2 with the rollout of commercial 5G in multiple cities, towns and locations in England, Scotland, Wales and Northern Ireland.

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Ericsson Boosts China Footprint, to Record Asset Write-Down

Ericsson (ERIC) is focusing on 5G system development and has undertaken many notable endeavors to position itself for market leadership in 5G.

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Ciena Rides on Blue Planet Software, Carrier Network Upgrade

With healthy fundamentals and a solid liquidity position, Ciena (CIEN) appears to be an enticing investment option for 2020.

Nokia Boosts Network Sustainability With 5G Cooling Solution

Nokia (NOK) deploys its avant-garde 5G liquid cooling base station technology to help Finland-based telco, Elisa, minimize its power consumption and CO2 emissions.

Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know

Ericsson (ERIC) closed at $9.67 in the latest trading session, marking a -1.73% move from the prior day.

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Telecom Stock Roundup: T-Mobile Sets 5G Landmark, TELUS Selects 5G Vendors & More

While T-Mobile (TMUS) offers 5G services across all 50 states, TELUS (TU) snubs Huawei for Nordic firms to deploy 5G across Canada.

Ericsson-BCE Unit Collaborate to Boost 5G Network in Canada

Ericsson (ERIC) partners with Bell Canada to deploy seamless 5G network technology. The Canada-based operator will benefit from state-of-the-art network infrastructure and better customer experience.

TELUS Chooses Nokia & Ericsson as Equipment Partners for 5G

TELUS (TU) snubs China-backed Huawei in favor of Nordic firms for the supply of telecommunications equipment for 5G deployment across Canada.

Ericsson Boosts 5G Network in Hong Kong With SmarTone Tie-Up

Ericsson (ERIC) partners with SmarTone to deploy 5G network technology in Hong Kong. The operator will benefit from seamless network infrastructure and better customer experience.

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Near-Term Tailwinds Buoy Wireless Equipment Industry Outlook

Despite certain macroeconomic challenges, the Zacks Wireless Equipment industry appears poised to benefit in the near term, providing the vital lifeline to millions in order to stay connected in the digital world.

Should Value Investors Buy Ericsson (ERIC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Ericsson Shares Up 10.9% in 3 Months: What's Driving the Rally?

Ericsson (ERIC) is making progress toward building a stronger company in the long term, while investing in R&D and supply chain capacity.

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Telecom Stock Roundup: AT&T Launches HBO Max, Viasat Q4 Earnings Beat & More

While AT&T (T) aims to redefine the streaming landscape with the HBO Max launch, Viasat (VSAT) beats fourth-quarter fiscal 2020 earnings estimate on top-line growth.

What Makes Telephone and Data System (TDS) a Strong Buy?

With a healthy dividend of 3.4% and solid fundamentals, Telephone and Data Systems (TDS) appears to be an enticing investment option in the volatile market.

Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $8.78, marking a -0.34% move from the previous day.

Ericsson Leads the 5G Race With Smart Manufacturing Facility

Ericsson (ERIC) is working close to its customers through its American, European and Asian operations while securing fast deliveries to meet requirements.

Nokia (NOK) Shutters South India Plant on Coronavirus Woes

The latest incident marks another setback for Nokia (NOK) as it aims to buoy its sagging shares through renewed 5G focus.

Ericsson Boosts 5G Network in Sweden With Telia Partnership

Ericsson (ERIC) partners with Telia Company to deploy commercial 5G network technology in Sweden. The operator will benefit from seamless network infrastructure and better customer experience.

ERIC or QCOM: Which Is the Better Value Stock Right Now?

ERIC vs. QCOM: Which Stock Is the Better Value Option?

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5 Stocks to Play the Internet Infrastructure Boom on 5G Rollout

5G rollout and coronavirus-led digitization will boost Internet infrastructure providers. Here are the five top stocks to buy.

Nokia Stirs Telecom Space With Record-Breaking 5G Speeds

Nokia (NOK) achieves record-breaking 5G speeds in its Over-the-Air network, backed by 800 MHz of millimeter-Wave spectrum and Dual Connectivity technology.

Ericsson (ERIC) to Power 5G Radio Access Network in China

The contract is likely to enable China-based carriers to seamlessly deploy 5G technology, leveraging the technological prowess of Ericsson (ERIC).