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Promising Telecom Stocks To Add to Your Watchlist - September 17th

Broadcom logo with Computer and Technology background

Key Points

  • MarketBeat highlights five key telecom stocks to watch, including Broadcom, Arista Networks, ServiceNow, Palo Alto Networks, and Corning, which have recently shown high trading volumes.
  • These telecom companies offer stable cash flows and dividends but also face challenges due to heavy capital expenditure and sensitivity to technological and regulatory changes.
  • Broadcom has reached a record high following a significant CEO pay package tied to AI investments and performance improvements.
  • Five stocks to consider instead of Broadcom.

Broadcom, Arista Networks, ServiceNow, Palo Alto Networks, and Corning are the five Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that deliver voice, data and internet communication services—including landline and mobile phone networks, broadband access and related infrastructure. Investors in these equities gain exposure to a sector known for stable cash flows and dividend payouts, but also for heavy capital expenditure requirements and sensitivity to technological shifts and regulatory changes. 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

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Read Our Latest Research Report on ANET

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

Corning (GLW)

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices.

Read Our Latest Research Report on GLW

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Should You Invest $1,000 in Broadcom Right Now?

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