4 ways to invest in telecommunications
Chicago Tribune
21 May 2006
Funds
Individual stocks
Because of telecom’s well-documented risks, it may make sense for investors to leave the choices up to portfolio managers. Recent strong telecom fund performers:
ProFunds Ultra Telecommunications Services, up 9 percent in 2006 and 9 percent the past 12 months.
Fidelity Select Telecommunications, up 5 percent and 17 percent.
T. Rowe Price Media and Telecommunications, up 8 percent and 30 percent. Owning shares in several successful giants would be a sensible move right now, experts say:
Sprint Nextel, the No. 3 wireless provider, has done a decent job of retaining customers after its merger, and is recommended by David Weissman, senior analyst with Zacks Equity Research in Chicago. Sprint is masterful at marketing and promotion.
Verizon Communications is a choice of Albert Lin, director of research for American Technology Research Inc. in San Francisco, because it is such a...
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