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Enter Symbol:
 
CLEARWIRE CORPORATION (CLWR) [hlAlert]

Rating:
Mkt Perform
CLWR
down 25.00 %

CLEARWIRE CORPORATION (CLWR) upgraded to Mkt Perform by Raymond James

Posted on: Thursday,  May 30, 2013  8:25 AM ET by Raymond James

Raymond James rated Mkt Perform CLEARWIRE CORPORATION (NASDAQ: CLWR) on 05/30/2013. Previously Raymond James rated Underperform CLEARWIRE CORPORATION (NASDAQ: CLWR) on
02/13/2013., when the stock price was $3.18. Since then, CLEARWIRE CORPORATION has gained 33.33% as of 05/30/2013's recent price of $4.24.
If you would have followed the previous Raymond James's recommendation on CLWR, you would have lost 25% of your investment in 106 days.

Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company?s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company?s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/30/2013 8:25 AM Hold
None
4.24
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -33.33 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2013 8:25 AM Sell
None
3.18

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