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3 Communication Stocks Set to Beat the Chip Shortage Blues

The Zacks Communication - Components industry appears to be mired in uncertainties due to supply chain disruptions and chip shortage, with large-scale investments to support the transition to 5G, high R&D and raw material costs further eroding margins. Also, tense Sino-U.S. trade relations and the resurgence of newer coronavirus variants have rendered a grim picture for the future.

Nevertheless, Harmonic Inc. HLIT, Ooma, Inc. OOMA and KVH Industries, Inc. KVHI might gain in the long run as pent-up demand for scalable infrastructure rises for seamless connectivity amid the wide proliferation of IoT led by a faster pace of 5G deployment.

Investor Alert: Legal Marijuana Looking for big gains?

Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%

You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Harmonic Inc. (HLIT): Free Stock Analysis Report
KVH Industries, Inc. (KVHI): Free Stock Analysis Report
Ooma, Inc. (OOMA): Free Stock Analysis Report
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