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3 Reasons to Be Long-Term Bullish on Ericsson Stock

https://investorplace.com/2020/05/3-reasons-to-be-long-term-…

Some key facts:
But despite this, I think the long-term does look bright for Ericsson, especially with the megatrend of 5G rollouts. The fact is that the company is positioned nicely, in terms of its global infrastructure, IP (Intellectual Property) portfolio and end-to-end technologies.

Ericsson continues to report strong margins. In the latest quarter, the gross margin rose from 43.2% to 44.4%. As a result, the company continues to generate strong cash flows.
Note that there is $3.81 billion in the bank. In other words, there appears to be enough liquidity for dividends, buybacks of Ericsson stock, R&D investments and acquisitions.

The 5G market is intensely competitive, with many large operators like Qualcomm, Cisco Systems, Nokia and Huawei. Yet Ericsson has been able to fare pretty well, especially when it comes to winning business. For the first quarter, the company announced 86 commercial 5G contracts and completed 29 live networks.
 
aus der Diskussion: Ericsson Limitless connectivity - Unlimited possibilities
Autor (Datum des Eintrages): Shanghai2006  (03.05.20 08:46:46)
Beitrag: 39 von 178 (ID:63542070)
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