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SBA Communications Could Trade Sideways Before Its Next Move

Bruce Kamich

The last company mentioned was SBA Communications Corp. , which was not a favorite of Cramer's. He said the company has the weakest balance sheet of the group and barely mentioned 5G on its conference call. In this daily bar chart of SBAC, below, we can see that after a sideways period of trading last year, SBAC made a low in October and turned up in a pretty strong uptrend from near $145 to recently touched $215.