T-Mobile US, Inc. (TMUS) was a big mover last session, as the company saw its shares rise by nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as stocks are now trading above the volatile price range of $25.44 and $27.64 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of 2 increases and 3 decreases over the last one month, while the Zacks Consensus Estimate moved lower over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
T-Mobile US currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, favorably-ranked stocks in the broader computer and technology sector worth considering include AAC Technologies Holdings Inc. (AACAY) and Alliance Fiber Optic Products Inc. (AFOP). Both carry a Zacks Rank #1 (Strong Buy). Another player in the wireless-rural (regional) industry, which looks attractive at current levels, is NTELOS Holdings Corp. (NTLS), holding a Zacks Rank #2 (Buy).
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