3 Communication Stocks Set to Beat the Chip Shortage Blues

·1 min read

The Zacks Communication - Components industry appears to be mired in uncertainties due to supply chain disruptions and chip shortage, with large-scale investments to support the transition to 5G, high R&D and raw material costs further eroding margins. Also, tense Sino-U.S. trade relations and the resurgence of newer coronavirus variants have rendered a grim picture for the future.

Nevertheless, Harmonic Inc. HLIT, Ooma, Inc. OOMA and KVH Industries, Inc. KVHI might gain in the long run as pent-up demand for scalable infrastructure rises for seamless connectivity amid the wide proliferation of IoT led by a faster pace of 5G deployment.
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Harmonic Inc. (HLIT) : Free Stock Analysis Report
KVH Industries, Inc. (KVHI) : Free Stock Analysis Report
Ooma, Inc. (OOMA) : Free Stock Analysis Report
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