This is a stock picker’s market: Chief Investment Strategist

Market Recap: Thursday, June 25

The markets closed in the green after Thursday’s trading session amid worries of escalating coronavirus cases. The financial sector was the big winner after regulators eased the Volcker rule on big banks. The Final Round panel discusses the latest....

Why Stifel Says Inseego Is A 5G Leader

Inseego Corp. (NASDAQ: INSG) is an early leader in 5G connectivity solutions and boasts a first-to-market advantage in 5G solutions like 5G MiFI, FWA, and IoT, according to Stifel.The Inseego Analyst: John Marchetti initiated coverage of Inseego with a Buy rating and $13 price target.The Inseego Thesis: Inseego's expertise in the 5G universe should serve as a competitive advantage as service providers move to aggressively release 5G devices beyond just consumer handsets, Marchetti said in a Thursday initiation note. (See his track record here.)The fixed wireless access and IoT opportunities alone are "significant," as operators want to leverage their 5G wireless network investment into consumer and commercial networks where they historically had to compete with high-cost and time-consuming FTTx efforts, the analyst said.Inseego deserves credit for growing its customer base beyond its largest customer,Verizon Communications Inc. (NYSE: VZ), which accounted for around 50% of revenue from 2017 to 2019, he said.>As...