) was a big mover last session, as the company saw its shares rise
over 8% on the day. The move came on solid volume too with far more
shares changing hands than in a normal session. This reverses the
recent trend for the company, as the stock is now down 13% in the
past one-month time frame.
This wireless communications services provider has seen three
positive estimate revisions in the last 30 days and the Zacks
Consensus Estimate has also moved higher over the same period. This
implies more solid trading ahead for the company. So make sure to
keep an eye on this stock going forward to see if yesterday's rally
can turn into more strength down the road.
Sprint Corp. currently has a Zacks Rank #3 (Hold) while its
Better-ranked stocks in the same industry include
Telecom Corporation of New Zealand Limited
Level 3 Communications, Inc.
). While NZTCY sports a Zacks Rank #1 (Strong Buy), LVLT and OIBR
bear a Zacks Rank #2 (Buy).
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