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20 Stocks to Sell Now - 9 of 20

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Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC)

Consensus Rating
Sell
Rating Score
1.3
Ratings Breakdown
0 Buy Ratings, 1 Hold Ratings, 2 Sell Ratings.
Consensus Price Target
$6.70 (17.1% Downside)

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ) logoTelefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. Read More 
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
10/21/2024JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$5.90 ➝ $6.70
7/15/2024JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$5.58 ➝ $5.90
4/17/2024JPMorgan Chase & Co.Lower Price TargetNeutral ➝ Neutral$5.81 ➝ $5.58
1/31/2024UBS GroupDowngradeNeutral ➝ Sell
1/19/2024BarclaysDowngradeEqual Weight ➝ Underweight
12/8/2023Jefferies Financial GroupUpgradeHold ➝ Buy
11/30/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.80 ➝ $5.90
10/18/2023JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$8.30 ➝ $7.78
7/18/2023Societe GeneraleUpgradeSell ➝ Hold
7/17/2023BarclaysDowngradeOverweight ➝ Equal Weight
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Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

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