Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ericsson (ERIC) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Ericsson is one of 621 companies in the Computer and Technology group. The Computer and Technology group currently sits at #1 within the Zacks Sector Rank. The ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...

Ericsson (ERIC) has secured a 5G contract with Chunghwa Telecom to modernize Taiwan's network infrastructure. The collaboration with the Taiwan-based service provider builds on a Memorandum of Understanding signed at Mobile World Congress 2024, where both companies committed to advancing 5G technology focusing on intelligent network operations and AI-driven energy efficiencies. How Will ERIC's Solutions Aid Chunghwa Telecom? The contract encompasses Ericsson's comprehensive 5G Radio Access Network (RAN) por ...

Key Takeaways A jump in North American sales helped Ericsson's third-quarter earnings and revenue beat analysts' estimates. The Swedish telecom said North American sales were up 51% from a year ago on recent contract wins and investments by some large customers. The company said it sees the North American market stabilizing. Ericsson's (ERIC) U.S.-listed shares surged Tuesday after the communications technology provider reported better-than-expected results on strong sales in North America. The Swedish tele ...

Ericsson (ERIC) reported relatively healthy third-quarter 2024 results, with both the top and bottom lines beating the respective Zacks Consensus Estimate. However, the company reported a top-line contraction year over year, owing to demand softness in Asia, Africa, The Middle East, and Oceania region. Solid sales growth in North America partially reversed this negative trend. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Higher IPR licensing revenues, cost optimization and a rob ...

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars Sandstrom - CFO Conference Call Participants Alex Duval - Goldman Sachs Joachim Gunell - DNB Markets Francois Bouvignies - UBS Andreas Joelsson - Carnegie Sebastien Sztabowicz - Kepler Cheuvreux Erik Rojestal - SEB Jakob Bluestone - BNP Paribas Rob Sanders - Deutsche Bank Sandeep Deshpande - JPMorgan Daniel Dju ...

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars Sandstrom - CFO Conference Call Participants Alex Duval - Goldman Sachs Joachim Gunell - DNB Markets Francois Bouvignies - UBS Andreas Joelsson - Carnegie Sebastien Sztabowicz - Kepler Cheuvreux Erik Rojestal - SEB Jakob Bluestone - BNP Paribas Rob Sanders - Deutsche Bank Sandeep Deshpande - JPMorgan Daniel Dju ...

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company's stock had edged up near 9% at 8:28 a.m. London time, before lightly paring gains to 7.6% at 9:52 a.m. Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), compared with 3.9 billion Swedish crowns in the same period of last year and exceeding the 5.75 billion crown ...

STOCKHOLM, Oct. 15, 2024 /PRNewswire/ -- Strategic highlights – solid progress on both strategic and operational priorities Increased momentum in programmable networks, mobile network contract wins in multiple markets. Global supply of Network APIs secured with JV agreed between leading mobile network operators and Ericsson. Further 5G patent licensing agreement signed in Q3, IPR revenues expected to reach at least SEK 13 b. in 2024. Financial highlights – strong growth in North America and continued gross ...