Telecom Stocks to Watch Today - March 10th

Today, several important telecom stocks are gaining attention among investors. Broadcom, ServiceNow, AT&T, Arista Networks, CRH, Palo Alto Networks, and Apollo Global Management have been highlighted as key stocks to monitor based on a recent stock screener analysis. Telecom stocks represent companies that provide essential telecommunications services like voice, data, and internet connectivity. These stocks often feature subscription-based revenue models and significant investments in infrastructure, making them sensitive to changes in regulations, technology, and competition in the market.

Broadcom (AVGO)

Broadcom Inc. is well-known for its design and development of semiconductor devices, focusing on complex digital and mixed-signal semiconductor-based products. The company operates in two areas: Semiconductor Solutions and Infrastructure Software. As of recent trading, shares of Broadcom saw a drop of $12.87, landing at a price of $182.10. The trading volume recorded was 25,471,654 shares, against an average of 30,015,566 shares. Broadcom's market capitalization is impressive at $853.54 billion, with a price-to-earnings ratio of 148.89.

ServiceNow (NOW)

ServiceNow Inc. provides intelligent workflow automation solutions, focusing on digital businesses across various global regions. On Monday, ServiceNow stocks saw a decline of $64.54, settling at $786.09. The core services of this company include digital transformation, artificial intelligence, and performance analytics. It holds a market capitalization of approximately $161.93 billion.

AT&T (T)

AT&T, Inc. engages in providing telecommunications services and operates in sectors like Communications and Latin America. During trading, the stock gained $0.24, finishing at $27.36. The trading volume was 32,364,530 shares, which is below its average of 40,534,012 shares. The company has a market cap of around $196.37 billion.

Arista Networks (ANET)

Arista Networks, Inc. is dedicated to developing innovative client-to-cloud networking solutions. The stock lost $6.04 on Monday, bringing its price down to $77.32. Arista's market capitalization sits at approximately $97.50 billion. The company remains influential in the cloud networking space.

CRH (CRH)

CRH plc is a global provider of building materials. The stock dropped $4.42 to $93.10 during midday trading. CRH operates in various segments and has a market capitalization of $63.23 billion.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. specializes in cybersecurity solutions globally. Recently, the stock decreased by $6.74, now priced at $174.19. The company has a market cap of $115.33 billion, focusing on protecting network security and providing various subscription services.

Apollo Global Management (APO)

Apollo Global Management, Inc. focuses on investments across various sectors such as private equity and infrastructure. The stock shed $8.15, hitting $124.25 during trading. It has a market capitalization of around $70.88 billion.

These companies represent significant players in the telecom industry and are known for their robust service offerings and market positions. Investors should keep an eye on these stocks for potential opportunities as they navigate the evolving telecom landscape.

Telecom, Stocks, Investing