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Enter Symbol:
 
Leap Wireless International, Inc. (LEAP) [hlAlert]

Rating:
Outperform
LEAP
up 165.45 %

Leap Wireless International, Inc. (LEAP) rated Outperform by Wells Fargo

Posted on: Thursday,  Feb 14, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Leap Wireless International, Inc. (NASDAQ: LEAP) on 02/14/2013, when the stock price was $6.60.
Since then, Leap Wireless International, Inc. has gained 165.45% as of 03/13/2014's recent price of $17.52.
If you would have followed this Wells Fargo's recommendation on LEAP, you would have gained 165.45% of your investment in 392 days.

Leap Wireless International, Inc. (Leap) is a wireless communications carrier that offers digital wireless service in the United States under the Cricket brand. Cricket service is offered by Cricket, a wholly owned subsidiary of Leap, and is also offered in Oregon by LCW Wireless Operations, LLC (LCW Operations), and in the upper Midwest by Denali Spectrum Operations, LLC (Denali Operations). Cricket owns an indirect 73.3% non-controlling interest in LCW Operations through a 73.3% non-controlling interest in LCW Wireless, LLC (LCW Wireless), and owns an indirect 82.5% non-controlling interest in Denali Operations through an 82.5% non-controlling interest in Denali Spectrum, LLC (Denali). At December 31, 2008, Cricket service was offered in 30 states and had approximately 3.8 million customers. In April 2008, the Company completed the purchase of Hargray Communications Group?s wireless subsidiary, Hargray Wireless, LLC (Hargray Wireless).

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2013 8:25 AM Buy
None
6.60
as of 12/13/2013
1 Week up  0.35 %
1 Month up  6.06 %
3 Months up  9.86 %
1 YTD up  159.84 %

(*) Stock Price at the time of the recommendation.
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