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Best Telecom Stocks To Watch Now - August 26th

Broadcom logo with Computer and Technology background

Key Points

  • Broadcom has been named in Apple's $100 billion U.S. investment plan, highlighting its significant role in the tech and telecom sector.
  • The five notable telecom stocks to watch include Broadcom, EchoStar, ServiceNow, Palo Alto Networks, and AT&T, all of which are experiencing high trading volumes.
  • Telecom stocks are generally viewed as stable investments that offer consistent cash flows and dividends, appealing to income-oriented investors.
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Broadcom, EchoStar, ServiceNow, Palo Alto Networks, and AT&T are the five Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are equity shares in companies that provide telecommunications services—such as voice calling, data transmission, wireless broadband and video delivery—over infrastructures like cell-tower networks, fiber-optic cables and satellites. By buying these shares, investors gain partial ownership in firms whose core business is connecting people and devices. Telecom stocks are often viewed as relatively stable, income-oriented investments, since many companies in the sector generate steady cash flows and pay regular dividends. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Read Our Latest Research Report on AVGO

EchoStar (SATS)

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names.

Read Our Latest Research Report on SATS

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Read Our Latest Research Report on NOW

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Read Our Latest Research Report on PANW

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Read Our Latest Research Report on T

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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