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home / news releases / ERIC - Ericsson: Undervalued But Volatile Revenue Stagnant Growth And No Clear Future

ERIC - Ericsson: Undervalued But Volatile Revenue Stagnant Growth And No Clear Future

Ericsson

2023-04-10 23:49:53 ET

Summary

  • Ericsson's revenue has followed a general upward curve since 1990, but it's been very volatile. Two steps forward, one step back.
  • It can't really seem to pay down debt and instead has floated several billion for years.
  • It's looking very undervalued, but I believe that's likely investor weariness over this old name.
  • Overall, I'd sell if I had this name, and I advise avoiding ERIC stock if you don't.

For further details see:

Ericsson: Undervalued, But Volatile Revenue, Stagnant Growth, And No Clear Future
Stock Information
Company Name: Ericsson
Stock Symbol: ERIC
Market: NASDAQ
Website: ericsson.com
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