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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Buy ALU
down 9.91 %

Alcatel (ALU) rated Buy by Jefferies

Posted on: Wednesday,  Oct 13, 2010  9:25 AM ET by Jefferies

Jefferies rated Buy Alcatel (NYSE: ALU) on 10/13/2010, when the stock price was $3.73. Since then,
Alcatel has lost 9.92% as of 09/01/2015's recent price of $3.36.
If you would have followed this Jefferies's recommendation on ALU, you would have lost 9.91% of your investment in 1784 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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2010 9:25 AM Buy
None
3.73
as of 12/31/2010
1 Week up  11.76 %
1 Month up  17.88 %
3 Months down  -13.40 %
1 YTD down  -13.40 %

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