GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Sprint Nextel Corporation (S) [hlAlert]

Rating:
Neutral S
up 129.46 %

Sprint Nextel Corporation (S) upgraded to Neutral by HSBC Securities

Posted on: Friday,  Feb 15, 2008  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral Sprint Nextel Corporation (NYSE: S) on 02/15/2008. Previously HSBC Securities rated Sell Sprint Nextel Corporation (NYSE: S)
on 07/20/2007., when the stock price was $21.96. Since then, Sprint Nextel Corporation has lost 56.42% as of 02/15/2008's recent price of $9.57.
If you would have followed the previous HSBC Securities's recommendation on S, you would have gained 129.46% of your investment in 210 days.

Sprint Nextel Corporation (Sprint Nextel) is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses and government customers. The Company conducts its operations through two segments: Wireless and Wireline. Sprint Nextel owns wireless networks and a global long distance, Tier 1 Internet backbone. The Company offers digital wireless service to subscribers in all 50 states, Puerto Rico and the United States Virgin Islands under the Sprint brand name utilizing wireless code division multiple access (CDMA) technology. The Company offers digital wireless services under its Nextel brand name using integrated digital enhanced network (iDEN) technology. On September 23, 2008, the Company closed the transaction with TowerCo Acquisition LLC, under which it sold 3,084 cell sites.In November 2009, the Company completed the acquisition of Virgin Mobile USA, Inc.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/15/2008 8:25 AM Hold
None
9.57
as of 12/24/2008
1 Week up  1.70 %
1 Month up  13.27 %
3 Months up  69.91 %
1 YTD down  -32.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2007 9:25 AM Sell
None
21.96 19.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy