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Promising Telecom Stocks Worth Watching - September 8th

Broadcom logo with Computer and Technology background

Key Points

  • Broadcom, EchoStar, and ServiceNow are highlighted as the top telecom stocks to monitor, driven by high trading volumes and stable demand within the sector.
  • Broadcom Inc. specializes in semiconductor devices and operates both Semiconductor Solutions and Infrastructure Software segments.
  • ServiceNow, Inc. focuses on intelligent workflow automation solutions, catering to digital businesses across multiple regions, including North America and Europe.
  • Five stocks we like better than Broadcom.

Broadcom, EchoStar, and ServiceNow are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services, such as phone, internet, and data transmission. Investors buy these stocks to gain exposure to a sector characterized by relatively stable demand, recurring revenue streams, and capital-intensive infrastructure. Performance in this sector often correlates with technological advancements and regulatory developments. 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

See Also

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