Communications stocks belong to both stable dividend-paying firms and volatile up-and-comers.
Investors can minimize risk by buying communications-focused ETFs and index funds.
In 2020, communications became more important than ever. Entering an era of remote work and play, people turned to communications technology of all kinds. Internet and cell phone service, video conferencing, video games, and streaming services were the lifeline that allowed us to muddle through even thrive in a challenging year.
But even before the coronavirus, communications was a key area to invest in, populated by some of the biggest names in the corporate world, and dealing with services used by millions every day.
Safaricom hits record 60.2 pc of NSE wealth
Tuesday January 19 2021
By ELIZABETH KIVUVA
Summary
The telecommunications company’s valuation has risen by Sh84 billion since the year started, closing yesterday’s trading at Sh1.45 trillion.
Safaricom’s latest share of wealth on the NSE is a significant climb from 58.7 percent at the end of December last year or 42.5 percent two years ago.
The telco’s share price closed at Sh36.35 as at Monday having gained 6.13 percent on year to date, continuing with the rally that started late last year on news that the Central Bank of Kenya had ended the zero-rating of M-Pesa transactions of up to Sh1,000.
), the eco-friendly ridesharing company locked in a number of major contracts, including with government agencies, A-list celebrities, and global tech titans.
Even when lockdowns slowed down the ridesharing industry, they grew their business by acquiring companies in the food delivery space…
Adding thousands of restaurant partners and tens of thousands of new customers..
And they did all of this during the last year.
That’s why Facedrive’s shares have surged upwards a massive 591% in the last year.
Now, many analysts are convinced 2021 could be a banner year for the ESG mega-trend sweeping across the globe.
2020 Set the Stage for a Climate Change Revolution
This Could Be The Hottest ESG Investment In 2021
FN Media Group Presents Oilprice.com Market Commentary
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NEW YORK, Jan. 19, 2021 /PRNewswire/ Trillions of dollars poured into ESG funds last year, but many analysts are expecting this year to pick up right where 2020 left off. Forbes stated,
more and more capital into ESG this year…Because despite worldwide lockdowns, climate change continues to be a major concern that everyone from Big Tech to Big Oil are now taking seriously. Mentioned in today s commentary includes:
BlackRock (NYSE: BLK),
Google (NASDAQ: GOOGL),
Tesla, Inc. (NASDAQ: TSLA).