One company to watch right now is Ericsson (ERIC). Ericsson stock is up approximately 30% year to date and is still extremely cheap . Ericsson, which has an EV of $28 billion, ended last quarter with just $3.4 billion in cash -- so it would likely need to execute a stock-based merger instead of a full takeover. Wall Street clearly agrees that ERIC shares have a bright future; the stock has 5 Buy ratings, making the Strong Buy analyst consensus rating a unanimous decision. Liani says Ericsson is among the market leaders in 5G base station equipment, such as antennas, radios and software. With that in mind, here are seven of the best 5G stocks to buy now. In the latest quarter, the free cash flow came to $481.8 million, up from $442.3 million in the same period a year ago. But a bullish rebound from key levels could offer a buying opportunity soon. The 2021 market forecast for 5G is similar to the Dow Jones forecast, S&P forecast or the NASDAQ forecast. The stock has a Forward P/E ratio of 15.57. So, we are checking out this cannabis tech stock right now. Ericsson is one of the world's leading network equipment and software suppliers for wireless carriers. Nokia's market cap trails Ericsson's at $23.95 billion. Ciena Corp. Market Capitalization: $6 billion. You can purchase one share for about $11. Annual Dividend Yield: 0%. Jim Cramer, CNBC’s Mad Money, thinks that Nokia stock is a “buy” right now. Given the company’s strong growth outlook, now could be a good time to invest in ERIC stock. Motley Fool Returns Stock … ERIC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. ... To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. 4. ERIC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Because analysts believe now is a good time to get in and its current price is at a nice level compared to where it can go makes Vmware one of the 5G stocks to buy right now. Given the $90.41 average price target, the Street anticipates the stock to stay range-bound for now. It is trading well above the 5% chase zone of its recent breakout , according to IBD trading guidelines . Given the $90.41 average price target, the Street anticipates the stock to stay range-bound for now. Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know Jan. 5, 2021 at 5:45 p.m. So, we are checking out this lithium stock right now. Want to join our free STOCKHUB discord chat? 5G is a big step up from the current 4G/LTE technology. Ericsson’s 5G presence now extends to five continents. The company is in solid financial shape. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. We go through lists like the 15 best blue chip stocks to buy to pick the best large-cap stocks to buy. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You may have heard about Swedish-based Ericsson ADR (Nasdaq: ERIC) in the news lately because U.S. government officials discussed investing in it and competitor Nokia for 5G infrastructure. With the smart money's capital changing hands, there exists a select group of key hedge fund … Xilinx This $22 billion chipmaker is one of the earliest companies to cash in on the next generation of … Bottom line: Qualcomm stock is not a buy right now. By comparison, 21 hedge funds held shares or bullish call options in TRI a year ago. Now with Trump expected to ban Huawei, Nokia and Ericsson … Telefon AB L.M. 3 Top 5G Stocks to Buy Right Now Apple and two other tech companies are well positioned to profit from the growth of the 5G market. Bank of America has a "buy" rating and $145 price target for ADI stock. While Nokia has had to fight other industry leaders like Huawei and Ericsson (ERIC Stock ... GSAT stock is one of the 5G penny stocks to watch right now. For that, Ericsson has a ton of potential. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Do Hedge Funds Think TRI Is A Good Stock To Buy Now? Jamie Johnson is a personal finance freelance writer … One stock to keep an eye on is Ericsson (ERIC - Free Report) . Micron stock is not a buy right now. ERIC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. We go through lists like the 15 best blue chip stocks to buy to pick the best large-cap stocks to buy. ERIC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Telefonaktiebolaget LM Ericsson (publ)’s Net Margin is presently recorded at +0.98. Ericsson … 3 Cheap 5G Stocks to Buy Right Now Ericsson ADR. ERIC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. At Q3's end, a total of 19 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -24% from the second quarter of 2020. Moreover and right now, buying shares today is a smart rotation trade of sorts based on what’s happening off and on the price chart of Ericsson stock. Right now the mobile telecommunications sector has taken a hit, but when it comes back, 5G may be part of the common vocabulary. Ericsson . 2021 will likely see 5G come into greater use. With the stock at 52-week highs and with a market capitalization of $36 billion, Ericsson is, for now, a better stock than Nokia . ET on Zacks.com Ericsson (ERIC) Inks Five-Year 5G Deal With Ooredoo Group After lawmakers banned ZTE from doing any business in America its shares plunged 55% in two weeks, and the stock has never recovered. 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