These are the reasons why telecommunications stocks should be part of your portfolio.
1. Resistant to Economic Recession:
Due to the rise of the middle-class, especially in Asia. There is a huge demand for fancy digital devices such as smartphones and tablet PCs. As a result of all this demand, telecommunications firms are remarkably resistant to the global economic recession. Even as consumers cut back on discretionary spending, they're continuing to pay for wireless telecommunications and data services -- these are true essential services much like electricity or water. People just cannot live/function properly without their smartphones. They are kind of "addicted" to these digital gadgets.
Great news for investors ...
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