Forbes: Buy Ericsson
One of Forbes' editors (who does the International Investment Report) recommended buying shares of LM Ericsson stock for a couple of reasons:
Forbes says...buy Ericsson!
1. The stock is cheap compared to Nokia, Motorola, and Alcatel Lucent.
2. Sony Ericsson has been extremely popular in Europe and Asia.
3. Ericsson's telecom/networking equipment division will have plenty of customers due to the increase in emerging markets.
4. Global telecom traffic is expected to grow 10-fold by 2010.
Ericsson closed today at 38.28.
Source: "Riding LM Ericsson Into Emerging Markets" - Forbes
Tags: ericsson
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