3.7000 +0.06 (1.65%)
After hours: 6:44PM EDT
|Bid||3.6500 x 2900|
|Ask||3.9000 x 2900|
|Day's Range||3.6400 - 3.7000|
|52 Week Range||2.4600 - 5.0400|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||13.00|
|Earnings Date||May 8, 2019 - May 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.70|
BlackBerry (BB) provides one of the most secure mobile enterprise solutions in the market through a broad portfolio of products and services. Growth in its cybersecurity business is a huge positive.
After several months of aggressive posturing and painful tariffs, the trade war may finally reach a positive resolution. Recently, President Trump announced substantial progress had occurred in talks with his counterpart, Chinese President Xi Jinping. With this news, investors can choose to dial up the risk-reward ratio with cutting-edge tech stocks.While the thorniest issue underlining the trade war -- namely, intellectual property rights -- remains unresolved, the current talks represent legitimate optimism. Tacitly, the thawing in U.S.-China relations is an admission that the tariffs have hurt both sides. As an example, the latest farm bill enjoyed bipartisan support, despite language that legalized hemp.But now that the conflicting parties have agreed to discussions, it appears that the Trump administration can bring the trade tensions to an end. If so, this would obviously greenlight recently embattled tech stocks. However, speculators can take a position now before the wave of buying interest takes over.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you're feeling confident towards this latest diplomatic headline, I'd also look into smartphone stocks. Although "peak smartphone" is a serious problem, it largely affects individual, premium competitors like Apple (NASDAQ:AAPL). But mobility and connectivity themselves will continue to mold and shape our personal and professional lives.Whether it's the integration of digital assistants in our homes, or the brave new world of automated transportation, all these innovations are rooted in the Internet of Things. That means smartphone stocks, no matter how volatile they get, offer viable longer-term opportunities. * 7 IPOs to Get Excited for in 2019 Here then are four tech stocks that leverage connectivity for profitability: Alphabet (GOOG, GOOGL)If you have a long-term outlook on tech stocks, it's mandatory that you consider Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). For one thing, GOOG stock represents total domination of the internet. Google ranks as the world's number-one search engine. At 93% market share, it's not even close.But what I really like about GOOGL stock is that management acts like they have something to prove. One example is Waymo, their autonomous driving company.Another reason to consider GOOGL is it's smartphone business. Between its Android OS and its Pixel phones, Google should continue to profit from smartphone proliferation. Jabil (JBL)Typically, most investors of tech stocks focus on the industry's front face. That's only natural as they generate the most media attention. However, underlining the direct competitors within the consumer-electronics arena are manufacturing services companies like Jabil (NYSE:JBL). As the tech space expands into greater areas of our lives, JBL stock residually benefits.But what separates Jabil from rivals in the space is that the organization has expanded with the industry. Today, JBL stock offers exposure to multiple capabilities, including 3D printing, driver-assistance systems, cloud computing and medical technologies.Additionally, the tech firm has significant implications for smartphone stocks. Modern smart devices can't market themselves merely on connectivity. As consumer expectations rise, so does demand for smaller and thinner devices. That presents manufacturing and functionality challenges, but they're also areas in which Jabil thrives. * 5 Clinical-Stage Biotech Stocks to Buy JBL stock has skyrocketed this year, gaining over 20%. Admittedly, shares are a bit overheated for my liking. But I'd seriously consider any dips as buying opportunities. Ceragon Networks (CRNT)When most folks think about tech stocks, they usually conjure up images of Silicon Valley. While some of the greatest names in the sector hail from the region, another top location is Israel.And although Tel Aviv-based Ceragon Networks (NASDAQ:CRNT) isn't necessarily a household name, but CRNT stock is positioned to benefit from the transition to 5G. Ceragon specializes in wireless backhaul solutions, meaning their services will see increased demand as networks and manufacturers make the transition.Additionally, the company has business in the communications for the maritime and energy industries. Like commercial telecom, these sectors will more than likely offer sustained revenue channels.Currently, though, CRNT stock has suffered significant volatility. But despite the nearer-term risks, I believe the longer-term fundamentals will eventually support the share price. Xiaomi (XIACY)To conclude my list of cutting-edge tech stocks, I'm going to go extremely speculative with Xiaomi (OTCMKTS:XIACY). Xiaomi is a Chinese firm, so you can expect volatile trading based on trade-war news.At the same time, I see massive opportunities for smartphone stocks that focus on low-cost mobile solutions. As smartphones spread to markets where consumers make less money, companies like Apple will have difficulty penetrating profitably. However, low-cost Chinese leaders like Xiaomi thrive in this environment. * 7 Consumer Stocks to Buy and Hold for Years It's crazy-risky, but XIACY stock nonetheless offers a compelling narrative.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities.Compare Brokers The post 4 Tech Stocks on the Cutting Edge of Connectivity appeared first on InvestorPlace.
The wireless infrastructure specialist beat Wall Street's fourth-quarter targets, but not by a wide enough margin to support its soaring stock prices.
Ceragon (CRNT) delivered earnings and revenue surprises of 20.00% and 1.11%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Tel Aviv, Israel-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to 6 cents per share. The provider of wireless backhaul services ...
LITTLE FALLS, New Jersey, Feb. 20, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (CRNT), the #1 wireless backhaul specialist, today announced that it has appointed Ran Vered to serve as its chief financial officer, replacing Doron Arazi, who will continue in his role as Ceragon's deputy CEO with expanded business and strategic responsibilities. With almost 20 years of experience as a financial executive with companies such as Check Point Software, Radcom, and Amdocs, Ran brings extensive financial knowledge and experience with publicly-traded companies, as well as a deep understanding of multinational organizations. "I am excited to be joining Ceragon and to be part of a team that has already demonstrated such excellent performance by increasing net income for the fourth consecutive year," commented Ran Vered.
Fourth consecutive year of net income growth; positive cash flow of $9.7 million in 2018 LITTLE FALLS, New Jersey , Feb. 20, 2019 /PRNewswire/ -- Ceragon Networks Ltd . (NASDAQ: CRNT), the #1 wireless ...
Ceragon will discuss these new capabilities and showcase its new IP-50 Platform next week at MWC 2019 in Barcelona, Spain booth 5G61. At the event, Ceragon will additionally display its disaggregated wireless backhaul router and run a live demo delivering 20 Gbps capacity over mmW. The IP-50 Platform complements Ceragon's industry-leading IP-20 Platform by offering a tailored solution to service providers who want to disaggregate their wireless backhaul network using merchant-silicon hardware.
For the fourth quarter, Ceragon Networks (CRNT) is likely to report lower consolidated revenues on a year-over-year basis as competitive pressures stifle the growth dynamics.
Ceragon (CRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ceragon (CRNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Today we are going to look at Ceragon Networks Ltd. (NASDAQ:CRNT) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital Read More...
LITTLE FALLS, New Jersey , Jan. 8, 2019 /PRNewswire/ -- Ceragon Networks Ltd . (NASDAQ: CRNT), the #1 wireless backhaul specialist, today is providing details of the conference call for its fourth quarter ...
BlackBerry (BB) beats Q3 fiscal 2019 earnings estimates on the back of lower operating expenses. Also, the bottom line improves from the prior-year quarter.
IRVINE, Calif., Nov. 20, 2018 /PRNewswire/ -- Zurich Technology Solutions, Inc., a leading provider of telecommunications equipment, professional field and remote services, today announced a Premier Value-Added Reseller agreement with Ceragon Networks (CRNT), a premier microwave enabled network equipment manufacturer. The agreement further enriches Zurich's 5G capabilities and product portfolio and cements Zurich's position as a top provider in 5G transformation services in the US and abroad. Co-Founder and CEO, Craig Brechner, explains "The shift to 5G technology will prove significantly more complex than 2G to 3G or 3G to 4G transitions of the past. Ceragon Director Susan Fink stated "Ceragon is excited to be working with a top provider like Zurich Technology Solutions as a Premier Value-Added Reseller for our microwave products and services.
NEW YORK, Nov. 16, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Ceragon (CRNT) delivered earnings and revenue surprises of 75.00% and 4.77%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?