Is Trending Stock Ericsson (ERIC) a Buy Now?
ERICEricsson(ERIC) Zacks Investment Research·2024-03-01 23:06

Ericsson (ERIC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this telecommunications equipment provider have returned -1.1% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Wireless Equipment industry, to which Ericsson belongs, has gained 4.3% over this period. Now the key question is: Where could the stock be headed in the near term? Whil ...