Telecom Stocks Worth Watching – August 21st

Broadcom, Palo Alto Networks, and ServiceNow are the three Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services—such as wireless and fixed‐line voice, broadband internet, data transmission, and satellite communications. Investors buy these stocks to gain exposure to the sector’s revenue streams from connectivity, network infrastructure, and related services, which are often influenced by technological advancements, regulatory changes, and competitive dynamics. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.