phone stocks posts
FeedPosted Sep 14th 2009 2:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy
"Virgin Mobile USA (NYSE: VM) is one of the strongest issues this year among the low-priced stocks; it has climbed from 76 cents to nearly $5," says technical expert Leo Fasciocco.
Fasciocco is a technician and editor of Ticker Tape Digest, an advisory service that focuses on finding stocks that are breaking out from technical basing patterns.
He suggests, "Based in New Jersey, Virgin Mobile offers wireless subscribers a choice in wireless service and innovative products without annual contracts; annual revenues are $1.3 billion.
"The stock's long-term chart shows VM trading as high as 15. It was dragged lower during the bear market. However, the stock has made the turn and is now in an up trend supported by good earnings prospects.
Continue reading Virgin Mobile USA (VM): A wireless breakout?
Posted Sep 10th 2009 12:10PM by Steven Halpern (RSS feed)
Filed under: International markets, China, Newsletters, Stocks to Buy, China Mobile Limited (CHL)
"China is the world's biggest market for telecom services," notes Geoffrey Seiler, in an in-depth review of the leading Chinese telecom and wireless phone companies.
In his BullMarket.com, he looks at "China Mobile (NYSE: CHL), China Unicom (NYSE: CHU), and China Telecom (NYSE: CHA) noting,"There is still a lot of wireless growth potential in the world's most populated country. As such, we would expect all three to continue to grow for the foreseeable future."
Seiler explains, "China Mobile is the undisputed king of mobile from a subscriber base standpoint. Through the end of June, the company boasted 493 million subscribers. The company boasts 70% of the Chinese market.
Continue reading Investing in China telecoms: A trio of wireless plays
Posted Jul 15th 2009 11:00AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Verizon Communications (VZ), Stocks to Buy
"We are at the early stages of witnessing a transformation of wireless activities away from voice and towards data for both personal and business customers," says says Ian Wyatt.
In his The Recovery Portfolio, he explains, "This portends great things Verizon Communications (NYSE: VZ), which has the best wireless network in the U.S. (For more on Verizon, see my recent post, The Safest Dividend in the Dow.)
"Verizon provides wireline service to 35 million access lines and 87 million wireless customers. It recently picked up 13 million of these wireless subscribers upon completion of its $28 billion purchase of privately held Alltel in January.
"My investment thesis for Verizon is all about growth in its wireless operating segment. Smartphone penetration, which is more profitable for Verizon, is still small and growing very rapidly.
Continue reading Call on Verizon (VZ) for smartphone growth
Posted Mar 19th 2009 12:20PM by Steven Halpern (RSS feed)
Filed under: Motorola (MOT), Newsletters, Stocks to Buy
"I now believe some bargains are developing among technology stocks," says growth stock expert Mark Skousen. In his specialized trading service, The Turnaround Trader, he adds, "Motorola (NYSE: MOT) is a fallen tech leader that may even rise in a bear market -- and has a chance to double or triple once the market turns around."
Skousen expplains, "Technology stocks appear to have bottomed and are moving higher. Motorola, the $8-billion mobile ohone manufacturer, is in the midst of a classic turnaround situation.
"It used to be the cell phone technology leader, having developed the world's first handheld cellular phone and technical standard for high-definition TV. Yet the stock has fallen nearly 70% from its lofty highs of $26 a share two years ago.
Continue reading Motorola (MOT) : 'Classic tech turnaround'
Posted Sep 18th 2008 2:30PM by Steven Halpern (RSS feed)
Filed under: Newsletters, AT and T (T), Stocks to Buy
"Recent price weakness in AT&T (NYSE: T) is presenting investors with a high-yield bargain for conservative investors," says Ivan Marchev in Leeb's Income Performance Letter.
"AT&T, a holding in our income portfolio, has had a tough 2008 so far. Its performance has been good in a price-sensitive business environment, despite evidence of greater pressure than expected from both the slowing economy and increased wireless competition.
"So why would anyone consider a phone company given the unfavorable economics? Earnings estimates for AT&T have been cut for the next couple of years due primarily to assumptions of sluggish economic growth in the U.S.
"The answer is that those developments are already reflected in the stock price. The shares now trade at a big discount to the S&P 500 despite similar long-term earnings growth potential of 8-10%. That growth will come particularly from data usage over mobile phones.
"The original Apple iPhone contract went to AT&T and there has been a burst of new product offerings of other so-called 'smart phones,' which are very data intensive. This will drive data usage rates considerably in the next five years.
"What's more, AT&T now pays a rich dividend yield of 5%, more than double the S&P 500. We like the stock for conservative, buy-and-hold income investors."
Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.
Posted Oct 3rd 2007 5:39PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Bargain stocks, Stocks to Buy
"Investors continue to underestimate the growth potential at Ericsson (NASDAQ: ERIC)," says global analyst Yiannis Mostrous in The Silk Road Investor. He considers the stock a core holding.
The Sweden-based company develops and produces advanced systems and products for wired and mobile communications in public and private networks and produces mobile phones through a joint venture with Sony.
Mostrous notes, "The company operates in one of the most promising segments of the global economy, where the demands of bigger and better networks increase almost daily."
According to the advisor, "It's currently upgrading networks for more than 50 phone companies, with about 6 million customers signing up for faster mobile access each month globally." Industry experts, he points out, expect mobile subscribers to surpass 5 billion in the next five years.
Continue reading Global expert rings up Ericsson (ERIC)