Is Sprint "S" a good buy at $8.00. Thanks.?
Answers: Absolutely not and ill explain why. First off the fundamentals. Not only are earnings NOT accelerating at a viable rate, they are decreasing horribly. ROE is EXTREMELY low, P/E ratio is still quite high. They do not have solid financials at all. When it comes to technical analysis, the main key is this: as the share price has decreased, the volume has shot up. This means the big institutions and mutual funds dumped the stock. Those are the guys that drive the price. ATT and verizon for the long term
NO NO NO NO
the company is in turmoil go with ATT (T) atleast they give you a dividine and have steady growth.
no dont risk it.
I market cell phones and very few of my sales go to Sprint. Most people buy AT&T and Verizon. T-Mobile is also quite strong. But I get a Sprint sale very rarely.
The company just laid off 4000 workers and is closing many of its retail stores. So, no I would not buy Sprint. The only possible scenario I would see is if one of its competitors bought them out. But I have heard no such rumors.
Sprint isn't a good buy at any price! Their earnings are down and projected to get worse. The opposite of what a company needs before investors will bid the stock price up.
Their problem is very simple. They are loosing customers at a high rate. The "fix" is to lay off people and close stores. But there has been no mention of correcting their inherent problem of poor customer service. Which means they will continue to loose customers, and revenue will continue to go down.
Don't look for a buy out. It may happen. But I don't see why another carrier would want to buy them, when they are already picking up Sprint's customers. Sprint will be a lot cheaper before any buy out occurs, if it happens at all.
What is a good safe way to achieve a 5% return on investment?
Answers: in australia there is a bank called westpac. if u open a max-i-direct account linked with a savings account, u get 5.25% interest on any amount u deposit, the best part is that it is calculated daily and paid monthly.
i think if u after a 5% return investment, then that is the safest one to go for.
good luck
CD's are currently doing about 4.2% across the board. We have a number of tax-free bonds doing about 4.8% and a number of corporate bonds yielding about 5.5% (some of them even insured). Also CMO's have been yielding in the upper 5's.
What if I have 120K contained by the ridge within brass. What's a apt investment mix including how much money to hang on to fluid.
It's too much money to keep on foot in a reserves account earn 4%. How do I split it up into the right mix of securities <stocks, mutual funds, bonds etc> and how much to keep surrounded by cash <30-40K?>.Answers: I would hold 3 - 6 months of living expenses in the dune. After that, I would invest in the total souk index VTSMX, total international stock index VGTSX and intermediate term bond index VBIIX.
Given the style the stock market is, I wouldn't dump it surrounded by all surrounded by at once. I would dollar cost average in, over the subsequent 6 months.
Depends on what stage of your life you are within, what you will need the money for eventually, and your risk tolerance. If you desire, I'll be glad to discuss it with you, but not contained by a public forum.
jason.goldsberry(a)edwardjones.com
I don't think it's too much to hang on to in reserves earning 4 or 5%. I hold a large amount working for me at this moment surrounded by savings while others are losing their shirts within the stock market. I do not trust the market. Just need to preserve it below $100k in one dune. I like to stay soft.