EricssonLong
It’s 5G telecom stocks time
The long-term charts of ERIC+NOK+LUMN and XTC index are presented.
Notice that since 2009 the three stocks have been underperforming the index while historically overperforming.
Probably the historical order of performance will be restored in the coming years.
The NYSE Arca North American Telecommunications Index (XTC) is an equal dollar weighted index designed to measure
highly-capitalized companies in the North American telecommunications industry. The telecommunications industry in North America includes
U.S., Canadian, and Mexican companies that provide telephone, long distance, cellular phone, or other telecommunications related services;
supply telecommunications equipment; or which otherwise are involved in the telecommunications industry.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Notice that since 2009 the three stocks have been underperforming the index while historically overperforming.
Probably the historical order of performance will be restored in the coming years.
The NYSE Arca North American Telecommunications Index (XTC) is an equal dollar weighted index designed to measure
highly-capitalized companies in the North American telecommunications industry. The telecommunications industry in North America includes
U.S., Canadian, and Mexican companies that provide telephone, long distance, cellular phone, or other telecommunications related services;
supply telecommunications equipment; or which otherwise are involved in the telecommunications industry.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.