Are Sprint Shares Set for Another Double?
Aug 28th 2012 6:30PM
Updated Aug 28th 2012 6:38PM
Maybe its share price isn't exactly cheap anymore, but after its recent performance, will investors see another double from Sprint Nextel? Fool.com tech editor Andrew Tonner says it's not likely. The holiday season might help boost sales, since the iPhone 5 will be available at a cheaper rate than both AT&T and Verizon will offer, yet the company has barely any cash flow. See more in the following video.
As we see through its dealings with companies like Sprint, Apple is the most influential company in technology and has delivered market-smashing returns for those lucky enough to have invested in the company. However, with the impending release of the iPhone 5 and Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details when to buy and sell Apple. To get started, just click here now.
The article Are Sprint Shares Set for Another Double? originally appeared on Fool.com.Andrew Tonner, Austin Smith, and The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.