3 Wireless Stocks Likely to Gain Despite Near-Term Headwinds
QCOMQualcomm(QCOM) ZACKS·2024-08-20 21:27

The Zacks Wireless Equipment industry is likely to be plagued by large-scale investments for seamless 5G evolution, margin erosion due to escalated price wars, higher customer inventory levels and inflated raw material costs in a challenging macroeconomic environment, prolonged geopolitical conflicts and uncertain business conditions. However, fast-track 5G deployment and transition to cloud and fiber network infrastructure upgrades should help the industry in the long run. Despite short-term headwinds, Qua ...