|Bid||75.96 x 1100|
|Ask||79.44 x 1000|
|Day's Range||77.64 - 78.24|
|52 Week Range||59.96 - 85.22|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||20.38|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||88.79|
Recent news about the merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) reminded me why I don't like gambling on such events. As you know, the S stock price received a massive boost in the middle of the spring season. That was when Federal Communications Commission Chairman Ajit Pai expressed his support for the merger.Source: Shutterstock Moreover, the proposed union between the third and fourth largest U.S. telecoms cleared additional hurdles. Late last month, the U.S. Department of Justice declared that the two companies can move ahead with their merger. Combined with Pai's show of support, Sprint stock skyrocketed upon the positive news.However, it wasn't a complete loss for opponents of the move, who claimed that it would impede competitiveness. This criticism was especially relevant for rural customers, who may be vulnerable to onerous price increases. To address this issue, the DOJ required the merged company to spin off various assets to create a Sprint replacement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, Dish Network (NASDAQ:DISH) will buyout these assets, including Sprint's prepaid wireless business. The satellite-TV provider will also acquire several of Sprint's wireless airwaves. Theoretically, this should help deliver mobile-internet access to rural residents. But despite this concession, many Democrats are not satisfied with the terms. Several of the left's presidential hopefuls requested that the FCC attain a public response to the merger before approving it. Citing the familiar argument about antitrust concerns, Democrats worried about negative consumer impact. Naturally, this is a distraction for S stock.But in this particular case, I believe the geopolitical implications overwhelmingly favor the merger. Thus, I wouldn't have too much anxiety about Sprint stock. S Stock Is One of the Trade War's Few BeneficiariesIn normal circumstances, I believe the Democrats' concerns would carry much more weight. They might even be enough to disrupt the bullish trajectory of the S stock price. And when it comes to the telecom industry, greater concerns exist. Right now, we have four major telecom companies. With the merger, we'd have three, making for a sizable 25% loss. * 10 Undervalued Stocks With Breakout Potential Put another way, post-merger, we'd be one company short of a duopolistic industry. At that point, consumers will have very little choice, thus bolstering the Democrats' argument.However, the narrative behind Sprint stock doesn't just involve competitive concerns. Rather, we have geopolitical ones as well. As I've argued a countless number of times, we're in the middle of a tech cold war. While China is technically an economic partner, they've made no bones about our underlying adversarial relationship.Let's remind ourselves that the biggest reason we're locked in a trade war is China's campaign of intellectual property theft. They want to catch up and later exceed our technological prowess. Obviously, the U.S. federal government will do everything to subvert China's plans.And that benefits S stock because part of winning in tech is winning in crucial sub-segments like 5G. With a successful rollout, 5G facilitates other innovations, such as artificial intelligence and automated transportation networks. Furthermore, in order to achieve this rollout, you must have strong telecom firms with appropriate know-how and capacity. Sprint has never really lacked in the former attribute. However, it's the latter that has inspired in part the merger proposition.Thus, here's the reality for Sprint stock. The U.S. can either have two relevant telecom names, and two hobbled ones. Or, all three can be vigorous rivals, competing not only for American customers but also American interests. The Sign of the TimesAs I mentioned back in June, Pai mentioned President Donald Trump when voicing his support of the merger. Specifically, Pai stated that 5G is a top priority for the White House. Back then, I said it was one of the smartest things Trump has ever uttered. I stand by that comment even more so today. That's because the Trump administration badly needs America's technological base to run in tip-top shape.According to a Wall Street Journal editorial, Trump is losing the trade war. As evidence, the president has increasingly ratcheted up the pressure on China, but without yielding substantive concessions. But because of the pressure, the domestic economy is showing fissures.With geopolitical events not working in the White House's favor, Trump must secure what he can. Plus, you have the combination of the FCC and the DOJ already greenlighting the merger. Therefore, the Democrats' opposition is nothing but noise for Sprint stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Geopolitics Favor Sprint Stock Despite Antitrust Concerns appeared first on InvestorPlace.
What’s the news: T-Mobile just opened a brand-new device lab designed to analyze performance and pressure test devices across the Un-carrier’s range of current and future 5G spectrum, as well as all current technologies. Why it matters: New technology requires new and innovative approaches to testing, and the new lab will help T-Mobile ensure customers have the best experience possible with their new 5G devices. T-Mobile (TMUS) just opened its new device lab, a 20,000 square foot facility built to test smartphones and any other devices that connect to the Un-carrier’s network using any technology available, including 5G, 4G LTE, 3G, LAA, Narrowband IoT and more.
AT&T, Verizon, T-Mobile, and Sprint are not the only choices when picking a wireless plan. Is making the switch to prepaid the right option for you?
Tower operators could benefit from increased leasing driven by accelerated 5G activity and new entrants into the wireless arena, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained ...
The candidates want the Federal Communications Commission to seek public comment on T-Mobile's proposed Sprint takeover, effectively delaying the deal.
A group of Democratic senators led by 2020 presidential candidate Amy Klobucher penned a letter urging the Federal Communications Commission to issue an additional public comment period on the Sprint/T-Mobile merger.
The future of the T-Mobile and Sprint merger remains unclear. Several state attorneys and Democratic senators have come together to oppose it.
Spanish, Portuguese Bonds Near 0% Yield Inverted yield curves, record amounts of debt yielding negative rates, and countries only a few years ago on the verge of bankruptcy yielding next to nothing. These are the signs of the beginning of a possible manic bubble phase of a nearly 40 year bond bull market now in […]The post Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off, appeared first on Market Exclusive.
The Business Journal Untucked catches you up on Seattle-area business news from the past week, including an in-depth look at plane spotters, the rapid growth of Zillow Offers and Facebook's interest in Redmond.
After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.
Dish Wireless requires $10 billion for its network buildout, but it only has $1.9 billion in the bank. The FCC bars it from selling spectrum to raise cash.
President Donald Trump waded into an internal Republican fight in New Hampshire ahead of his trip there on Thursday, advocating that his former presidential campaign manager Corey Lewandowski seek the party's nomination for a U.S. Senate seat to challenge Democratic incumbent Jeanne Shaheen. Trump said in a radio interview that aired Thursday in New Hampshire that Lewandowski, a state resident, “would be fantastic” as a senator. Some Republicans in New Hampshire have been vocal about not wanting to see a run by Lewandowski, who built a reputation as a ruthless campaigner before he launched Trump's presidential bid in 2015.
U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp. Consumer advocacy groups have raised concerns that the merger could raise the cost of wireless services.
T-Mobile (TMUS) and Sprint (S) are looking to initiate settlement discussions with a group of state attorneys general. About 16 states are suing.
The two wireless carriers have reportedly begun to explore settlement agreements with the 16 attorneys general suing to block the merger. However, a spokesman for the lead attorney general denied that talks were taking place and said that a settlement was not in the cards.
What’s the news: T-Mobile has once again been ranked highest for providing an excellent customer purchasing experience in the J.D. Power U.S. Wireless Purchase Experience Full-Service Performance Study – Volume 2. This is hot on the heels of the Un-carrier also taking the top spot for best customer care for full-service providers earlier this month. Who it’s for: Anyone who calls, visits online or steps foot in a T-Mobile store.
[Editor's note: This story was previously published in May 2019. It has since been updated and republished.]As telcos launch the first of the 5G networks, 5G stocks will become a focus. The technology will change wireless. How much speed it will add has become a point of controversy. Estimates from a few years ago predicted that 5G would be 1,000 times as fast as 4G.More recent estimates peg the improvement at 10 to 20 times 4G LTE. Whatever happens after launch, consumers should see a quantum leap in speed and reliability.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSuch speeds will lead to capabilities not possible today. For this reason, it becomes difficult to know whether innovations will come from one of the large companies or from the mind of an unknown inventor working in his garage. * 10 Stocks Under $5 to Buy for Fall Whatever happens, these 5G stocks to buy will likely be among the large companies that lead the way in the new networks, profiting from 5G while trading at reasonable valuations: Apple (AAPL)Although the latest version of the iPhone did not offer 5G capabilities, Apple (NASDAQ:AAPL) will become one of the more prominent 5G stocks in future years. As one of the primary innovators in the wireless market, Apple will likely continue to enjoy a substantial presence in this industry.Source: Shutterstock Warren Buffett has made Apple the largest holding in the Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) portfolio for a reason. AAPL stock trades at a forward price-to-earnings ratio of less than 14.Also, the stock shows a solid record on dividends. The current yield of 1.50% may not inspire investors. Still, the company has increased its dividend every year since it began paying dividends in 2012. If one keeps AAPL stock as a long-term holding, this dividend will probably become more important.Apple has not yet released a 5G iPhone. However, as soon as it enters the market, the iPhone will become a critical device for 5G service, and AAPL will become one of the more important 5G stocks. Its investors should benefit. AT&T (T)AT&T (NYSE:T) will become only one of three companies, now that it appears as if T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) will get merger clearance, to offer 5G wireless service. This factor in itself makes AT&T one of the more important 5G stocks. Because of the tens of billions of dollars needed to build such a network, the company will probably not have to deal with additional competitors.Source: Shutterstock The company has struggled recently. Cord-cutting in the pay-TV business, a highly competitive wireless industry, and the costly 5G upgrade have weighed on the company.However, this offers a tremendous advantage to those who want to invest now. The recent struggles of the stock have taken its forward P/E to about 8.7. This comes to less than half of the five-year average P/E of about 18.Still, the biggest reason to invest lies in the dividend. Its annual dividend comes to a yield of ~6%, triple the S&P 500 average of 1.9%.Even better, the psychology that drives T stock insures this dividend will increase. The company has increased its dividend in each of the previous 34 years. For this reason, maintaining the price of T stock hinges heavily on these dividend increases. The increased revenues that will likely come from 5G will also ensure that the company can afford the dividend increases. * 15 Growth Stocks to Buy for the Long Haul With 5G beginning to become a revenue source, the company's fortunes should improve. Moreover, a single-digit forward P/E and a generous dividend make AT&T one of the more attractive 5G stocks. Cisco Systems (CSCO)Many will remember Cisco (NASDAQ:CSCO) as the company whose routers helped to provide internet service in the 1990s. Today, CSCO stock behaves more like an old-line industrial than a high-flying tech stock.Source: Shutterstock However, the company still offers critical internet infrastructure. Its products along with the stock's value and rising dividend should make CSCO one of the more compelling 5G stocks.Cisco employs what it calls a "Cloud-to-Client" approach to 5G. The company wants to transform networks end-to-end, making Cisco equipment a critical component in delivering 5G faster. This technology is designed to encompass every aspect of 5G into a seamless network, providing security and enhancing video optimization.In addition to 5G customers, Cisco also offers a compelling value proposition to new investors. Its stock trades at about 16.5 times forward earnings. Analysts expect about 5% revenue growth this year.Also, unlike the Cisco of the 1990s, this company also embraces dividends. Cisco paid its first dividend in 2011, and it has increased these payouts every year since. Today, CSCO stock pays an annual dividend which yields about 2.7%. Hence, Cisco stock offers a reasonable P/E and an above-average dividend yield that will probably rise on a yearly basis. With 5G revenues funding its profits, CSCO stock should hold investors in good stead for years to come. Intel (INTC)As the PC business, which had sustained Intel (NASDAQ:INTC) for decades, began its decline, the changing marketplace forced INTC to seek new lines of business.Source: Shutterstock As a result, Intel has embraced 5G by involving itself in the Internet of Things (IoT) and data centers. These two components should make Intel prominent among 5G stocks.Client computing still makes up Intel's largest revenue source. However, data center revenue grew 21% in 2018, compared with only 9% for client computing. The company warned data center growth might slow. Still, its high growth places data center revenue on track to become Intel's largest revenue source within a few years.By most accounts, INTC stock has become a bargain. If the consensus earnings forecast holds, Intel trades at a forward P/E of 9.8, well below the five-year average P/E of 15.75. * 7 Safe Dividend Stocks for Investors to Buy Right Now Also, the company has paid dividends since 2000. It has increased them in most of the years since, and every year since 2014. Today, this 5G stock maintains a $1.26 per share annual dividend that yields around 2.75%. With a low valuation and a new company identity defined around 5G, I see Intel becoming a popular choice among 5G stocks to buy. Nokia (NOK)Many remember Nokia (NYSE:NOK) as a one-time leader in cell phones before the smartphone pushed its phones aside. As a result, the company redefined itself over the last few years.Source: Shutterstock Although it finally developed its own smartphone, NOK has taken its place among 5G stocks mostly as an equipment provider, furnishing wireless carriers with the hardware necessary to provide 5G services to their customers.Nokia signed a $3.5 billion multi-year agreement with T-Mobile. Under the terms of this deal, Nokia will provide T-Mobile with end-to-end 5G technology, which includes software and services, along with Nokia's hardware. So far, this stands as Nokia's largest 5G deal. I think this will lead to more 5G deals in other countries, bolstering NOK stock.Best of all, I do not think Wall Street yet appreciates the fact that Nokia has redefined itself. Although NOK lost a small amount of money in 2018, the stock looks poised to return to a path of earnings growth in the future. NOK currently trades at about 13 times its estimated 2019 earnings.The company will also pay stockholders well to wait for some appreciation. The company's 24 cents per share annual dividend comes to a yield of about 4%. While this dividend has fluctuated over the years, sustained profit growth makes it more likely the dividend will rise than fall. NOK stock also trades more than 80% below its 2007 high. If it gains more prestige among 5G stocks, I think it could return to its old highs within a few years, or perhaps beyond.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off The post 5 5G Stocks to Buy That Will Stream Higher Profits for Investors appeared first on InvestorPlace.
The Un-carrier is going all in for the T-Mobile Little League Home Run Derby Championship, donating $2K per home run and committing to hit a minimum of $1 million in total donation
Earlier today, the FCC officially recommended the approval of the $26.5 billion proposed merger between T-Mobile (TMUS) and Sprint (S).
The now bipartisan makeup of states opposing the T-Mobile merger with Sprint has lowered the odds of the deal going through, despite Department of Justice approval, says one analyst.