TER - Teradyne: Buy This 5G Company With Increased Revenues On The Way
- Companies in the 5G arena have been posting better-than-expected results in the past quarter as a result of increased demand for 5G.
- Teradyne just reported earnings and beat expectations while revising guidance higher.
- Cautionary, revenue is lower from the previous quarter but earnings have increased.
- The 5G rollout will continue to draw in increased revenues for these companies with products such as iPhone 12 and other companies.
- Recent market volatility presents an opportunity to increase yield for new long positions.
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Teradyne: Buy This 5G Company With Increased Revenues On The Way