FWRLX: Shopping the Telecommunications Bargain Bin
by Rivan V. Stinson
May 25, 2022
1 minute
Just as fashions rotatein and out of style, so, too, do stock market favorites. Out of favor big-time these days are communications services stocks. The broad sector includes telecom companies (think ), media and), and inter-active media and services (, ). Rising interest rates and higher inflation have dampened the outlook for shares in growth-oriented companies, tripping up the sector (and others). Over the past 12 months, the S&P 500 Communications Services index has lost 22%.
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