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.
Showing posts with label sprint stock. Show all posts
Showing posts with label sprint stock. Show all posts
US HOT STOCKS: Sprint
Time:
6/28/2010 12:30:00 PM
U.S. stocks traded higher Monday as the Dow Jones Industrial Average gained 15 points to 10158, the Standard & Poor's 500 rose 0.6 point to 1077 and the Nasdaq Composite climbed 3.4 points to 2227. Among the companies whose shares are actively trading in the session are CardioNet Inc. (BEAT), Orexigen Therapeutics Inc. (OREX) and Isle of Capri Casinos Inc. (ISLE). (via: wsj.com)
Sprint Nextel Corporation (NYSE:S) soared 5.60% to $4.43 on 42.67 million shares. Sprint Nextel Corporation is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers. The Company operates in two business segments: Wireless and Wireline.
Sprint Nextel Corporation (NYSE:S) soared 5.60% to $4.43 on 42.67 million shares. Sprint Nextel Corporation is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers. The Company operates in two business segments: Wireless and Wireline.
Sprint Nextel (S) Rating Reiterated Alert, Watch for 17.1% Technical Uptrend Continuation
Time:
6/14/2010 11:07:00 AM
source:mysmartrend.com
Sprint Nextel (NYSE:S) reiterated Buy, $6 target, at Deutsche Bank. The stock closed Friday at $4.87 on volume of 52,975,500 shares, below average daily volume of 64,755,470.
Sprint Nextel is currently above its 50-day moving average of $4.38 and above its 200-day moving average of $3.82.
Sprint mentioned positively at Deutsche Bank
Deutsche Bank said its channel checks indicate demand for Sprint's EVO remains strong. The firm expects EVO sales to drive meaningful post paid gross add growth in 2010 and reiterates a Buy rating on Sprint shares with a $6 price target.
Sprint Nextel (NYSE:S) reiterated Buy, $6 target, at Deutsche Bank. The stock closed Friday at $4.87 on volume of 52,975,500 shares, below average daily volume of 64,755,470.
Sprint Nextel is currently above its 50-day moving average of $4.38 and above its 200-day moving average of $3.82.
Sprint mentioned positively at Deutsche Bank
Deutsche Bank said its channel checks indicate demand for Sprint's EVO remains strong. The firm expects EVO sales to drive meaningful post paid gross add growth in 2010 and reiterates a Buy rating on Sprint shares with a $6 price target.
Subscribe to:
Comments (Atom)
