Today there is some good news for telecom equipment stocks including NT.
First, Don Bloom’s article “Forget Oil. Buy Telecom” sends an important signal that telecom equipment sector may be booming.
According to this article, Network capacity is not as large as widely believed. Worldwide Internet traffic is growing by 115% per year. All of the currently available capacity on long-haul networks will be consumed within two years or so. Telecom companies would start adding capacity a year or so ahead of that time to avoid bad service. That is to say, telecom equipment sector way be booming within a year.
Second, petite Twelve O'Four’s article tells a similar story. Service providers are starting to spend like it's 1999 (We know telecom equipment sector boomed in 1999). In its most recent reported quarter Verizon Communications increased its capital expenditures for domestic telecommunications equipment by 47% to $1.9 billion. The author believes LU will benefit and the worst may also be over for NT.
I believe these two articles published in the same day, today are highly significant for telecom equipment stocks. We haven’t seen this kind of article for months and years.
Third, Texas Instruments Inc (TXN) today raised its second-quarter earnings forecast, citing rising demand for its wide array of microchips that power cell phone, communication products and entertainment systems. TXN shares rose 2.2 percent in extended-hours trading.
After recent profit taking, tomorrow technology stocks will climb due to TXN’s news. I believe telecom equipment stocks will go up because of the two articles and TXN’s rising demand from communication products. We can expect a huge jump of telecom equipment stocks in the next several months.
Tech stocks are currently the best stocks in stock market and telecom equipment stocks are the best tech stocks. NT is one of the best telecom equipment stocks because of its technology leadership, bullish business outlook and extremely undervalued status.
First, Don Bloom’s article “Forget Oil. Buy Telecom” sends an important signal that telecom equipment sector may be booming.
According to this article, Network capacity is not as large as widely believed. Worldwide Internet traffic is growing by 115% per year. All of the currently available capacity on long-haul networks will be consumed within two years or so. Telecom companies would start adding capacity a year or so ahead of that time to avoid bad service. That is to say, telecom equipment sector way be booming within a year.
Second, petite Twelve O'Four’s article tells a similar story. Service providers are starting to spend like it's 1999 (We know telecom equipment sector boomed in 1999). In its most recent reported quarter Verizon Communications increased its capital expenditures for domestic telecommunications equipment by 47% to $1.9 billion. The author believes LU will benefit and the worst may also be over for NT.
I believe these two articles published in the same day, today are highly significant for telecom equipment stocks. We haven’t seen this kind of article for months and years.
Third, Texas Instruments Inc (TXN) today raised its second-quarter earnings forecast, citing rising demand for its wide array of microchips that power cell phone, communication products and entertainment systems. TXN shares rose 2.2 percent in extended-hours trading.
After recent profit taking, tomorrow technology stocks will climb due to TXN’s news. I believe telecom equipment stocks will go up because of the two articles and TXN’s rising demand from communication products. We can expect a huge jump of telecom equipment stocks in the next several months.
Tech stocks are currently the best stocks in stock market and telecom equipment stocks are the best tech stocks. NT is one of the best telecom equipment stocks because of its technology leadership, bullish business outlook and extremely undervalued status.
