From Nasdaq:

Ubiquiti Inc. unveiled the next generation wireless connectivity solution, UniFi 7, offering exceptional radio performance, optimal coverage, and support for up to 600 connected devices. However, supply chain disruptions have led to component shortages and delays. Ubiquiti stock has lost 52.3% in the past year, indicating a challenging market for the company.

Stocks to consider include NVIDIA Corporation, carrying a Zacks Rank #2, and Workday Inc. and InterDigital, Inc., both carrying a Zacks Rank #2. All companies have delivered favorable earnings surprises and are well positioned in their respective technology sectors. Ubiquiti and its competitors offer valuable investment opportunities in the technology sector.



Read more: Ubiquiti (UI) Launches Advanced Wireless Connectivity Solution