LM Ericsson Deemed a Top Pick and 3 Stock Analyses Turning Heads

LM Ericsson Telephone Co. (NASDAQ:ERIC): Current Price: $10.03

Cowen has named Ericsson as a top pick for 2013 due to the firm’s expectations that the company will start LTE-A shipments during late summer. LTE-a will likely be the next evolution of wireless technology, and it will probably experience favorable gross margins and be an important contributor to profits. Shares have an Outperform rating.

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