4 communication actions to watch out for now

4 communication actions to discover in August 2021

With growing concerns over the coronavirus situation, communications actions could return to the forefront on the stock market. After all, we live in a world where communication technologies are essential in our daily life. Any inability to make contact is no longer a valid excuse given the number of types of communication modalities we have today. Thanks to companies such as Facebook (NASDAQ: FB) and Twitter (NYSE: TWTR), we have access to social media platforms to stay in touch with each other.

In addition, we also have media companies such as ViacomCBS (NASDAQ: VIAC) and Comcast Corporation (NASDAQ: CMCSA) which play an important role in delivering the latest news and entertainment. On that note, the two companies recently announced that Paramount + will launch on Sky platforms in 2022 as part of a new multi-year distribution agreement. All of this highlights the importance of communication technologies in the world in which we live. Now, would you bet on the future of these companies? If you’re interested, here are some of the top communication actions in the stock market today.

The best communication actions to watch in August 2021

Verizon Communications Inc

First, we have one of the giants in the telecommunications technology industry, Verizon. Essentially, it provides communication, information and entertainment products and services to its customers. Ultimately, it aims to transform the way its customers connect to each other through innovative communication and technology solutions.

Verizon continues to impress by expanding its 5G business internet to parts of five new cities last week. This brings the total number of cities with 5G Business Internet service to 47. On top of that, Verizon Business is also integrating video and voice collaboration offerings into a special offering, namely BlueJeans Meetings by Verizon and Verizon OneTalk. There will be no additional cost for qualifying customers who register and maintain 5G business internet services. These efforts can be seen as a necessity given the current competitiveness of the industry.

In addition, the company, along with Parrot and Skyward, also announced an exclusive partnership to bring the first ready-to-use 4G LTE connected drone to the United States. So, how it works, the Parrot ANAFI Ai drone will connect to Verizon’s 4G LTE network and 4G LTE connectivity is provided exclusively to Skyward subscribers at no additional cost. The Skyward connected drone solution provides businesses with a complete experience for planning, flight, data transfer and processing. Given these exciting developments, would you add VZ stocks to your watchlist?

Source: TD Ameritrade T & Cs

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T-Mobile US Inc

Another major telecommunications company in the world today would be T Mobile. Simply put, it provides wireless services and a selection of wireless devices and accessories to its customers. The company also offers its customers one of the best connectivity and fastest 5G speeds. TMUS stock has risen more than 20% in the past year.

At the end of July, T-Mobile announced its second quarter results. Total revenue was $ 20.0 billion, up 13% year-on-year. Whose services revenue was $ 14.5 billion, up 10% year-over-year, the best growth in the industry. Meanwhile, the company posted net profit of $ 978 million, 8 times that of the previous year’s quarter. Through this, we have seen that the company is capitalizing on its 5G leadership and that its diversified growth strategy is bearing fruit.

Despite a strong second quarter, the company is still not resting on its laurels. T-Mobile has announced its collaboration with Sarcos Robotics to integrate its 5G into the Sarcos Guardian XT ™ agile mobile industrial robot. With enterprise 5G integration, companies aim to improve performance and response time for remote operations. Thus, the robots will be able to perform tasks more efficiently and in accordance with the movements of the operator. Given all of this, would you consider buying TMUS stock?

TMUS actionsSource: TD Ameritrade CGU

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Fox corp

Following this we have Fox corporation. The Company operates in three segments: Cable Network Programming, Television and Other, Enterprise and Disposals. The company was formed following the acquisition of 21st Century Fox by Walt disney co (NYSE: DIS). Therefore, the new Fox Corp was formed by assets that were not acquired by Disney.

Fox released its fourth quarter financial update on Thursday. Its revenue grew 20% to $ 2.89 billion, with strong growth across all revenue categories. Meanwhile, its net profit was $ 272 million, up 87.5% year-over-year. This solid financial performance underscores the strength of its distinct strategy and serves as the basis for sustained operational momentum.

In addition, Fox has also broadened and extended his relationship with Comscore Inc (NASDAQ: SCOR) last Friday. The multi-year agreement results from the extension of Comscore’s data rights. Therefore, driving increased measurement stability, as well as continuous improvements in its television measurement products. Overall, Fox appears to be headed in the right direction, even under difficult circumstances due to the pandemic. So, would the FOX stock be a top communications stock to watch?

FOX share priceSource: TD Ameritrade CGU

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Zoom Video Communications Inc

To sum up, we have one of the most popular businesses in the world during the global pandemic, Zoom. In short, the company’s current reputation with consumers and businesses alike is due to the relevance of its video communication services. People all over the world depended on its services to connect with each other. So, would you bet on ZM stock again given the resurgence of coronavirus cases?

Regardless, the company continues to constantly add and upgrade its software. Last month it announced the general availability of its latest innovations, Zoom Apps and Zoom Events. In detail, Zoom applications integrate third-party applications into Zoom meetings and the desktop customer experience, improving productivity and collaboration for today’s hybrid workforce. Meanwhile, Zoom Events is an all-in-one platform for creating a wide range of interactive and immersive virtual events to reach and engage audiences.

Most of us can agree that being connected via the Internet is not quite the same as meeting face to face. Thus, these innovations are necessary to help improve productivity while retaining elements of pleasure and well-being. At this point, investors will be on the lookout for its next quarterly financial result to be released on August 30. Could the communications giant continue to grow by expanding its offer and reach? If you think so, would you consider adding ZM stock to your watchlist?

ZM share priceSource: TD Ameritrade T & Cs

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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