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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Buy ALU
up 68.00 %

Alcatel (ALU) rated Buy by BofA/Merrill

Posted on: Thursday,  Jun 20, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Alcatel (NYSE: ALU) on 06/20/2013, when the stock price was $2.00. Since then,
Alcatel has gained 68.00% as of 09/01/2015's recent price of $3.36.
If you would have followed this BofA/Merrill's recommendation on ALU, you would have gained 68% of your investment in 803 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2013 8:25 AM Buy
None
2.00
as of 12/13/2013
1 Week up  0.44 %
1 Month up  11.05 %
3 Months up  31.01 %
1 YTD up  126.00 %

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