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Enter Symbol:
Alcatel (ALU) [hlAlert]

Mkt Perform
down 25.73 %

Alcatel (ALU) upgraded to Mkt Perform by Bernstein

Posted on: Friday,  Mar 1, 2013  8:25 AM ET by Bernstein

Bernstein rated Mkt Perform Alcatel (NYSE: ALU) on 03/01/2013. Previously Bernstein rated Underperform Alcatel (NYSE: ALU) on 11/05/2012., when
the stock price was $1.01. Since then, Alcatel has gained 34.65% as of 03/01/2013's recent price of $1.36.
If you would have followed the previous Bernstein's recommendation on ALU, you would have lost 25.73% of your investment in 116 days.

Alcatel Lucent provides product offerings that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end users. It offers fixed, mobile and converged broadband networking, Internet protocol (IP) technologies, applications and services. It has operations in more than 130 countries. The Company operates in three business segments: Carrier, Enterprise and Services. The Carrier segment supplies a portfolio of products and solutions used by fixed, wireless and convergent service providers, as well as enterprises and governments, for their business critical communications. This segment organized into seven business divisions: fixed access, Internet protocol (IP), optics, mobile access, code division multiple access (CDMA), applications and multicore.On October 7, 2008, the Company completed the acquisition of Motive, Inc.In July 2009, the Company acquired Velocix.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2013 8:25 AM Hold
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  2.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2012 8:25 AM Sell
7/1/2008 8:25 AM Hold

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