Telefonaktiebolaget L M Ericsson ADR
ERIC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.l< | LOCK|jjK | LOCK|^T#^&Kb |
A Series of Contract Wins Provides Comfort That Ericsson's Future Is Stable
Business Strategy and Outlook
In Ericsson's core business, it sells mobile network infrastructure equipment, like radios and antennas, and related software and services to wireless carriers. This networks business accounts for over 65% of the firm's revenue and nearly all its profit.
