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List of Communication Equipment stocks, trading near 52-week highs.
Ranking of This List:
Contextuall.com tracks the performance of a wide variety of company characteristics. Based on performance data over the last month, this list below is currently ranked 204 out of 284 lists. In other words, the company characteristics described below have outperformed 28.17% of lists in Contextuall’s coverage universe.
Average Weekly Returns:
Average 1-Week Return of All Stocks Mentioned Below: 1.62%
Average 1-Month Return of All Stocks Mentioned Below: 7.30%
Analysis of List Alpha:
Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Week): 3 out of 7 (42.86%)
Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Month): 2 out of 7 (28.57%)
(List sorted by monthly performance, from best to worst)
1. 8×8 Inc. (EGHT): Develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services. The stock is currently 2.37% below its 52-week high.
2. LM Ericsson Telephone Co. (ERIC): Provides communications equipment, professional services, and multimedia solutions to mobile and fixed networks operators worldwide. The stock is currently 4.91% below its 52-week high.
3. Harris Corp. (HRS): Operates as a communications and information technology company that serves government and commercial markets worldwide. The stock is currently 4.09% below its 52-week high.
4. Arris Group Inc. (ARRS): Develops, manufactures, and supplies telephony, data, video, construction, rebuild, and maintenance equipment for the broadband communications industry worldwide. The stock is currently 0.14% below its 52-week high.
5. QUALCOMM Incorporated (QCOM): Engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. The stock is currently 6.86% below its 52-week high.
6. Exelis (XLS): The stock is currently 5.58% below its 52-week high.
7. Motorola Solutions (MSI): Provides business and mission critical communication products and services for enterprise and government customers worldwide. The stock is currently 0.61% below its 52-week high.
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