3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes

In this article:

The Zacks Wireless Equipment industry appears to be mired in uncertainties amid continued chip shortage, with large-scale investments to support the transition to 5G, high R&D and raw material costs compounding woes and further eroding margins. In addition, tense bilateral trade relations between the United States and China have rendered a relatively grim picture for the near future.

Nevertheless, Ericsson (ERIC), Nokia Corporation (NOK) and Aviat Networks, Inc. (AVNW) are likely to benefit in the long run from the increasing demand for state-of-the-art wireless products and services with wide proliferation of IoT driven by faster pace of 5G deployment.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report
 
Nokia Corporation (NOK) : Free Stock Analysis Report
 
Motorola Solutions, Inc. (MSI) : Free Stock Analysis Report
 
Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report
 
Ericsson (ERIC) : Free Stock Analysis Report
 
Aviat Networks, Inc. (AVNW) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement