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$7.89 -0.31 (-3.78%)
1/9/2009 4:00 PM

Telefonaktiebolaget LM Ericsson (ADR) (ERIC)

CAPS Rating:
***

A provider of telecommunications equipment and related services to operators of mobile and fixed networks worldwide.

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Avatar XMFDonau (< 20) Submitted: 10/19/07 12:53 PM : Outperform Start Price: $14.14 ERIC Score: -2.84

After recent warning and downgrading by several brokerages, the stock is modestly valued.
So, both from a value as a well as a growht perspective, it might be worth having a closer look at current valuations. Ericsson is market leader in its core business, simply speaking the telco network equipment markets, and will improve margins once service & maintenance contracts materialize in those emerging economies where they currently establish their foothold.

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