Sprint's 4 Catalysts That Will Push the Stock Higher

Time: 7/07/2010 10:24:00 AM
According to our valuation methodology, the telecom sector has begun to look more underappreciated of late. In fact, as of this week we see that sector as having the second most attractive valuation behind Healthcare . More specifically, Sprint Nextel (S) has become one of the more interesting stocks to us in the telecom sector, as it finally appears to have some things headed in its direction.

The last time we wrote about Sprint was in early March after their CFO spoke about their plan to reignite growth as well as their ability to get serious about paying down debt. Over the next two and a half months Sprint vaulted more than 60% while the rest of the market of US stocks slipped nearly 6%. Although, over the last month the stock has reversed fortune falling almost 13%, a rate that was nearly six-times worse than the overall market during that time. What is an investor to make of the situation?(via beforeitsnews)

Sprint Nextel Corp.: 90-Day Insider Net Sell Amount US$1.84 Million.