With the increasing concerns of the coronavirus situation, communication stocks could be back in focus in the stock market. After all, we live in a world where communication technologies are essential in our daily lives. Any inability to get in touch is no longer a viable excuse given how many types of communication modalities are available to us today. Thanks to companies such as Facebook (NASDAQ: FB) and Twitter (NYSE: TWTR), we have access to social media platforms to keep in touch with one another.
In addition, we also have media companies such as ViacomCBS (NASDAQ: VIAC) and Comcast Corporation (NASDAQ: CMCSA) that play a huge role in reporting the latest news and providing entertainment. On that note, both companies recently announced that Paramount+ will launch on Sky platforms in 2022 as part of a new multi-year distribution agreement. All these highlights the importance of communication technology in the world we live in. Now, would you bet on the future of these companies? If you’re interested, then here are some of the top communication stocks in the stock market today. CLICK HERE.
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