Increasing focus on cloud computing, network security, big data and cloud storage is expected to boost the Zacks
Computer – Networking
industry participants’ performance. Accelerated deployment of 5G is driving the proliferation of Internet of Things (IoT), Advanced Driver Assistance Systems (ADAS), Augmented Reality/Virtual Reality (AR/VR) devices as well as 5G smartphones, which calls for a solid networking infrastructure. This has boosted the demand for networking products, which favors the prospects of prominent industry players including
Cisco
CSCO
,
NetScout Systems
NTCT
and
Lantronix
LTRX
. However, emergence of Delta variant strain and spike in infection rates across several parts of the world resulting in stringent lockdowns may affect recovery in IT spending. Presently, global macroeconomic recovery looks uneven, which doesn’t bode well for the industry.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
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