T-Mobile US Inc's TMUS stock experienced notable fluctuations after breaking above the $200 level, a significant psychological milestone. On August 26, the stock closed above $200, reaching record highs in the following days and peaking at $205 on August 28.
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Telecom stocks to keep an eye on in the stock market today.
I maintain my buy rating on T-Mobile with a price target of $228, citing a strong pricing strategy and profitability focus. T-Mobile's acquisition of US Cellular's assets and effective pricing strategy, similar to Southwest Airlines, have driven significant growth and market advantage. Despite risks from competition and insider selling, T-Mobile's consistent outperformance and cost management bolster confidence in continued share price growth.
T-Mobile (TMUS) reported earnings 30 days ago. What's next for the stock?
Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data.
T-Mobile will fork over $60 million to settle allegations it failed to disclose and take action against data leaks that occurred after its merger with Sprint in 2020, according to multiple outlets, marking the largest fine ever imposed by the Committee on Foreign Investment in the U.S.
A powerful U.S. committee that scrutinizes foreign investments for national security threats fined T-Mobile $60 million for failing to prevent and report unauthorized access to sensitive data, senior U.S. officials said on Wednesday.
Revenue growth indicates T-Mobile is maturing, though it reported significant profit growth. T-Mobile introduced a dividend last year, but it yields far less than its peers.
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TMUS stock hit a 52-week high on Aug. 2. Here is what fundamental and technical analysis says about T-Mobile stock.
Certain stocks and sectors are fundamentally built to outperform most—if not all—other stock market peers despite the economy's challenges. As consumers are concerned by inflation pressures and rising unemployment rates, some stocks in the cyclical consumer discretionary sector may fall out of favor in the coming quarters.