wireless stocks posts
FeedPosted Oct 21st 2009 10:30AM by Steven Halpern (RSS feed)
Filed under: Earnings reports, Apple Inc (AAPL), Newsletters, iPhone, Stocks to Buy
"Apple (NASDAQ: AAPL), a holding on our recommended buy list, delivered another blowout quarter, driven by booming sales of both the iPhone and its Macintosh computers," notes analyst Geoffrey Seiler.
In his BullMarket.com advisory, he suggests, "Overall, Apple's results are nothing short of amazing." Here, he provides an in-depth analysis of the quarter, his outlook, and the reasoning behind the boost to his longer-term price target to $270 a share.
"Apple sold 7.4 million iPhones in the quarter, 7% more than the year-ago quarter, and 3.05 million Macs, a 17% year-over-year increase. The end result was that the company posted a whopping 47% increase in Q4 net income.
Continue reading Apple (AAPL): 'Nothing short of amazing'
Posted 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 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 Nov 17th 2008 1:10PM by Steven Halpern (RSS feed)
Filed under: International markets, Google (GOOG), Apple Inc (AAPL), Newsletters, Research in Motion (RIMM), iPhone, Smartphones, Stocks to Buy
"If you can tolerate the volatility, it's a good idea to begin dipping back in to the stock market, in solid companies with strong cash balances, little debt and great prospects," says wireless sector expert Nikhil Hutheesing.
In The Forbes Wireless Stock Watch, the advisor asks, ""In the long run, smart investments today will lead to profits down the road. One of those companies, that I now think looks attractive, is the Canadian maker of the BlackBerry - Research in Motion (NASDAQ: RIMM)."
"The Canadian company introduced the BlackBerry in 1999 and it quickly became a must-have way for employees oflarge companies to communicate through email and voice wirelessly. In its fiscal 2008 (which ended in February) the company sold nearly 14 million devices (more than double the year before).
"Recently, though, the financial crisis has dealt a strong blow to the company. Investors doubt whether RIMM can repeat the 90% growth in revenues that it achieved in fiscal 2008.
"Not only is the slowing economy a threat to growth but so is increased competition. Apple's iPhone, for example, has been a hit among consumers and now the company is pushing into the corporate market, trying to erode Research In Motion's market share.
Continue reading Research in Motion (RIMM): Smart buy in smartphones
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 Jul 30th 2008 11:22AM by Steven Halpern (RSS feed)
Filed under: International markets, China, Newsletters, Stocks to Buy, China Mobile Limited (CHL), Technology
"Growth investors can hitch their portfolio to any number of Asian stars; I think one big winner is going to be China Mobile (NYSE: CHL)," says Tony Sagami in his specialized Asia Stock Alert.
"Mobile phones are much, much more than telephones to Asians. If you travel to Asia, one of the first things you'll notice is how most locals walking down the street have mobile phones glued to their ears.
"It would be a big mistake to think of China Mobile as simply a mobile phone provider. In addition to traditional calling services, the company offers value-added services such as voice mail, conference calling, instant messaging, text messaging, as well as accessing the Internet.
"Even though the price of computers has fallen dramatically in the last few years, a personal computer (PC) is still out of financial reach for the average Chinese. Meanwhile, mobile phones are both cheap and capable of many of the same functions as PCs.
"Look, $500 to $1,000 dollars for a PC may seem reasonable to you and me, but that is a small fortune for the typical Chinese consumer, who makes less than $3,000 a year.
Continue reading China Mobile (CHL): More than just talk
Posted Jul 29th 2008 12:42PM by Steven Halpern (RSS feed)
Filed under: International markets, China, Newsletters, Stocks to Buy, Garmin Ltd (GRMN)
"What's so special about the new Nuvifone from Garmin Ltd. (NASDAQ: GRMN)?" asks global expert Tony Sagami. In his The Asia Stock Alert he takes a look at the new high tech device.
'The tech world has been waiting for the one of the more natural technological marriages to happen. I'm talking about merging the useful functionality of hand-held GPS devices with the mobile phone.
"Along with that anticipation has been the speculation of which cell phone maker Garmin would team up. The mystery is over! Instead of teaming up with somebody, Garmin itself is entering the cell phone business.
"The company will leap into the mobile phone market during the third quarter of 2008 with its new Nuvifone - a one-of-a-kind communication tool, because it has all the bells and whistles of the iPhone plus Garmin's great navigation system.
Continue reading Garmin (GRMN): Bet on the 'Nuvifone'
Posted Jul 22nd 2008 12:42PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, QUALCOMM Inc (QCOM), Stocks to Buy
"Qualcomm (NASDAQ: QCOM) is my favorite stock for gains over the next 12 months," says Chuck Carlson. Here's his bullish assessment from The DRIP Investor newsletter.
"Yes, the market is declining. And, yes, it is often scary to buy during such market periods. Nevertheless, there's an adage that 'the best time to invest was yesterday; the next best time is today'.
"Indeed, countless studies have shown that the best thing any investor can do is invest early and often. That is the best way to maximize the power of time, and time will have the greatest bearing on your investment results.
"Thus, investors need to be willing to buy even when it is difficult to do so, or should I so especially when it is difficult to do so. The reason is that we usually are reluctant to buy stocks during market declines. Yet, if you think about it, declining markets should be precisely the time we buy since stocks are cheaper.
"The stock has demonstrated impressive price performance throughout the market volatility in recent months, rising to its highest level in a year above $50 before pulling back.
Continue reading Qualcomm (QCOM): Time to buy
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