3 Charts That Suggest US Telecom Stocks Are Headed Higher

3 Charts That Suggest US Telecom Stocks Are Headed Higher


The evolution of wireless networks is moving into its fifth generation (5G), and the hype is starting to build on both the consumer and investor fronts. It just about goes without saying that the demand for fast mobile connections is here to stay, and the companies that are able to quickly adopt to the fast-growing trends will likely be the ones to dominate. In the paragraphs below, we’ll take a look at several charts and try to determine how active traders will be positioning themselves over the weeks or months ahead.

iShares U.S. Telecommunications ETF (IYZ)

StockCharts.com

AT&T Inc. (T)

Verizon Communications Inc. (VZ)

The Bottom Line



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