Back to top

Image: Bigstock

Telecom Argentina (TEO) Soars: Stock Adds 7% in Session

Read MoreHide Full Article

Telecom Argentina S.A. (TEO - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $6.74 – $7.82 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Telecom Argentina currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

 

 

A better-ranked stock in the Utilities sector is Vivendi SA (VIVHY - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

Click here for the 6 trades >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Telecom Argentina Stet - France Telecom S.A. (TEO) - free report >>

Vivendi SA (VIVHY) - free report >>

Published in