Telecommunication services are essential for reviving the US economy and realizing green and digital transformation. Therefore, I think quality telecom stocks InterDigital, Inc. (IDCC) and Ooma, Inc. (OOMA) might be solid buys before August. However, AT&T Inc. (T) might be best kept on hold for the reasons discussed in this article.
Rising spending on deploying 5G infrastructures due to the shift in customer inclination toward next-generation technologies and smartphone devices is one of the key factors driving the telecom industry.
