51.50 +0.07 (0.14%)
After hours: 6:36PM EDT
|Bid||51.48 x 1000|
|Ask||51.56 x 1000|
|Day's Range||51.42 - 51.94|
|52 Week Range||43.20 - 54.77|
|PE Ratio (TTM)||6.74|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||2.36 (4.65%)|
|1y Target Est||56.00|
Cisco (NASDAQ:CSCO) finds itself back in the headlines over competitive fears from a new rival, Amazon (NASDAQ:AMZN) as the reactions from Amazon’s retail moves have re-emerged in the networking world. Cloud computing has changed, and it needs deeper integration with networking. Because Amazon may be acting out of necessity rather than aggression, investors should view any short-term negative effects on Cisco stock as a buying opportunity, not as a threat to Cisco’s ability to prosper.
American Tower (AMT) generates ~55% of its revenue from the US market. In the last reported quarter, its US property revenue grew 4.4% YoY (year-over-year), while its organic tenant revenue grew 6.3% YoY. Accelerated 5G (fifth-generation) deployment by domestic wireless network carriers and the mobile industry’s continuous evolution are expected to further drive demand for communication sites and towers, boosting American Tower’s US property revenue.
The race for 5G (fifth-generation) network rollout is heating up. According to T-Mobile’s management, “This network will harness 4G and 5G bandwidths simultaneously for dual connectivity and will be ready for the first 5G smartphones in the first half of 2019.” T-Mobile is eyeing nationwide 5G coverage by 2020. T-Mobile is looking to merge with smaller competitor Sprint (S).
Credit Suisse analyst Douglas Mitchelson on July 11 initiated coverage on a slew of telecom and media stocks A theme central to all of the ratings was “convergence” between the two sectors — which companies are well-positioned and how are they going about it. AT&T Inc. (NYSE: T) initiated at Underperform, price target $29. Verizon Communications Inc. (NYSE: VZ) initiated at Outperform, price target $58.
Verizon's (VZ) continuous deployment of latest 4G LTE Advanced technologies enables customers to experience faster peak data speeds and capacity.
Here, we turned to TipRanks' Analysts' Top Stocks tool to source the most recommended stocks on Wall Street. The verdict: best-performing analysts across the Street believe these investments will bolster your portfolio. This 'Strong Buy' tech stock has won the attention of five top ranked analysts, who have all recently upgraded their recommendations to Buy.
Now let’s take a look at T-Mobile’s (TMUS) technical indicators and compare them to those of its rivals in the US telecommunications space. On July 11, T-Mobile stock was trading at $60.18, ~0.2% above its 20-day moving average of $60.08, ~3.4% above its 50-day moving average of $58.20, and ~0.1% above its 100-day moving average of $60.15.
On July 11, T-Mobile’s (TMUS) stock price closed at $60.18. The telecommunications company’s stock price has fallen ~1.7% in the trailing year.
Cellphone carriers usually ask for their customers’ blessing before listing their phone numbers, sharing their addresses or exposing them to promotional emails. Carriers such as AT&T Inc. and T-Mobile US Inc. rely on those firms to vouch that they obtained users’ consent before handing over the data. All four national carriers said in June that they would cut off two companies that handled the data Securus had accessed and promised new safeguards, though they didn’t detail how it would be done.
Carriers such as AT&T Inc. and T-Mobile US Inc. rely on those firms to vouch that they obtained users’ consent before handing over the data. All four national carriers said in June that they would cut off two companies that handled the data Securus had accessed and promised new safeguards, though they didn’t detail how it would be done.