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Enter Symbol:
 
Lm Ericsson Telephone Company (ERIC) [hlAlert]

Rating:
Outperform
ERIC
up 10.98 %

Lm Ericsson Telephone Company (ERIC) upgraded to Outperform by Bernstein

Posted on: Tuesday,  May 26, 2009  8:25 AM ET by Bernstein

Bernstein rated Outperform Lm Ericsson Telephone Company (NASDAQ: ERIC) on 05/26/2009, when the stock price was $8.92. Since
then, Lm Ericsson Telephone Company has gained 10.99% as of 09/18/2015's recent price of $9.90.
If you would have followed this Bernstein's recommendation on ERIC, you would have gained 10.98% of your investment in 2306 days.

Ericsson is a world-leading supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. The company is a total solutions supplier for all customer segments: network operators and service providers, enterprises and consumers. The company has the world's largest customer base in the telecommunications field.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/26/2009 8:25 AM Buy
None
8.92
as of 12/31/2009
1 Week up  27.04 %
1 Month up  21.04 %
3 Months up  17.66 %
1 YTD up  55.08 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2009 8:25 AM Hold
None
9.60
7/1/2008 8:25 AM Buy
None
10.32

(*) Stock Price at the time of the recommendation.
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