Telefonaktiebolaget L M Ericsson ADR
ERIC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $8.10 | Sbmll | Ggtzfwq |
Ericsson's 5G Momentum Key as Buildout Wave Continues
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Business Strategy and Outlook
Ericsson is a leading provider of hardware, software, and services to communications service providers. The company is excelling in 5G build-outs and gaining share. 5G may have a longer spending period than previous wireless iterations, and we believe Ericsson's robust portfolio of hardware and software coupled with its industry-leading services business has it primed to take advantage of 5G network demand.