TIM Participacoes (TSU) in Focus: Stock Adds 6.7% in Session

Zacks Equity Research

Thu, Oct 10, 2013, 8:10 AM

TIM Participacoes S.A. (TSU) was a big mover last session, as the company saw its shares rise by nearly 7% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for this wireless technology company as the stock has risen more than 19% in the past one month time frame.

The company’s earnings consensus has moved lower over the past one month, suggesting there may be trouble down the road for TSU. So make sure to keep an eye on this stock going forward to see if this recent rally can last.

TIM Participacoes currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Some better performing wireless technology stocks include Cellcom Israel Ltd. (CEL), Brunswick SK Telecom Co. Ltd. (SKM) and National Technical Systems Inc. (NTSC). All these carry the same Zacks Rank as TIM Participacoes.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Read the Full Research Report on SKM
Read the Full Research Report on TSU
Read the Full Research Report on NTSC
Read the Full Research Report on CEL

Zacks Investment Research

Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
Yahoo Finance•31m ago
The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
MarketWatch•7h ago
Tesla Earnings Fall To Lowest Level Since 2021. Tesla Stock Surges Late.
Tesla announced worse-than-expected first-quarter earnings and revenue Tuesday, with the EV giant reporting its lowest quarterly EPS since 2021. Tesla reported Tuesday that Q1 earnings fell 47% to 45 cents per share. Analysts projected Q1 earnings falling more than 42% to 49 cents per share with sales declining nearly 5% to $22.22 billion.
Investor's Business Daily•9m ago
JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
Barrons.com•2h ago
I Was Incredibly Wrong About the Tesla Cybertruck
Unit sales appear considerably below my estimates.
Motley Fool•12h ago
California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•1d ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•1d ago
Jamie Dimon is worried the US economy is headed back to the 1970s
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
Yahoo Finance•3h ago
Chipmaker Texas Instruments Beats Q1 Goals, Gives Reassuring Outlook
Texas Instruments beat Wall Street's targets for the first quarter and guided above views for sales and in line for earnings for Q2.
Investor's Business Daily•35m ago
It's Time to Ditch These 2 "Magnificent Seven" Stocks and Replace Them With 2 Bona Fide Outperformers
Among Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla, there are two former highfliers that are no longer magnificent.
Motley Fool•1d ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

TIM Participacoes (TSU) in Focus: Stock Adds 6.7% in Session

Recommended Stories

Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.

Tesla Earnings Fall To Lowest Level Since 2021. Tesla Stock Surges Late.

JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day

I Was Incredibly Wrong About the Tesla Cybertruck

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Jamie Dimon is worried the US economy is headed back to the 1970s

Chipmaker Texas Instruments Beats Q1 Goals, Gives Reassuring Outlook

It's Time to Ditch These 2 "Magnificent Seven" Stocks and Replace Them With 2 Bona Fide Outperformers