|Bid||37.95 x 7000|
|Ask||37.96 x 4700|
|Day's Range||37.93 - 38.15|
|52 Week Range||36.10 - 43.89|
|PE Ratio (TTM)||18.55|
|Dividend & Yield||1.96 (5.14%)|
|1y Target Est||N/A|
If you're shopping for a new smartphone, these Chinese-made handsets might be for you.
AT&T Inc. (NYSE:T), Hain Celestial Group Inc. (NASDAQ:HAIN) and SYSCO Corporation (NYSE:SYY) are three of the stocks that are hitting the bearish notes today. AT&T shares are trading at $38 again. AT&T stock’s 50-day moving average is careening lower just overhead, which is going to add immediate selling pressure if we do see a short-term rally in the stock.
There are more cellphones in America than people. That market saturation has led to brutal price competition, which in turn is transforming consumers’ costs, industry profits and antitrust law.