by Portfolio Grader | September 19, 2013 10:30 am
Three Wireless Telecom stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Turkcell Iletisim Hizmetleri A.S. Sponsored ADR (NYSE:TKC) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Turkcell provides mobile services in Turkey. In Portfolio Grader’s specific subcategories of Earnings Revisions, Cash Flow, and Margin Growth, TKC also gets A’s. At $15.37, the stock is above the 50-day moving average of $14.46. For more information, get Portfolio Grader’s complete analysis of TKC stock.
This week, SBA Communications Corporation (NASDAQ:SBAC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. SBA Communications owns and operates wireless communications infrastructure in the United States. The stock price has risen 5.8% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of SBAC stock.
This week, Shenandoah Telecommunications Company (NASDAQ:SHEN) pushes up from a C to a B rating. Shenandoah Telecommunications provides telephone and wireless personal communications services under the Sprint brand name. With a price of $19.81, it is above the 50-day moving average of $18.94. Shares of the stock have been trading at an exceptionally rapid pace, up 897.1% from the week prior. For more information, get Portfolio Grader’s complete analysis of SHEN stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.
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