Satellite Internet Companies Stock

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Satellite internet companies stock.

Year 2019 has been exceptional for internet stocks as evident from the robust year to date performance of invesco nasdaq internet etf pnqi which has rallied 29 5 compared with the spdr s p 500. Data as of 10 02 20. Results 1 12 of 12 suggest a new ticker for this tag. We present you with our list of 10 satellite stocks involved in various aspects of satellite production operation and services.

The first is space technology company maxar technologies which we touched on in our last article on this topic. Ticker company name rating. Iridium stands out as one of three satellite stocks to consider buying iridium communications inc. The move would take the fledgling satellite division of elon musk s space company and stand it up as a separate company through an initial public stock offering.

An increasing number of satellite companies are looking to offer internet of things or iot communication services and orbcomm markets itself as one of the leading providers in that niche. Satellite services and ground equipment account for almost 72 of the total and satellite manufacturing is a 15 5 billion industry. The remaining 10 satellite stocks are as follows. Aluminum can maker ball bll has a satellite business.

Cable satellite tv stocks the cable satellite tv sector includes companies that operate paid and subscriber based broadcast facilities for cable and home satellite systems. Sirius xm holdings inc. Nasdaq irdm delivers broadband services tracks the internet of things iot fulfills the communication needs of the department of defense dod and hosts the payloads of others with its new generation 3 billion iridium next satellites. For the time being however an investor s choice of the top stocks to invest in space remains.