Sprint Corporation (S - Free Report) has come up with another service promotion plan by offering the best price for Unlimited with the new LG G7 ThinQ.
Starting Jun 1, the offer, including Unlimited data, talk and text, streaming in HD and the TV you love, with Hulu, will be available across all retail channels.
Sprint customers can pre-order the smartphone on the company’s website from May 25. They can also lease effectively two smartphones for $33 a month, with zero down payment.
Sprint has paired Gigabit LTE capability with High Performance User Equipment to provide better network experience to customers. The streaming of videos and mobile games will improve once Gigabit LTE speeds are fully available.
Sprint has more mobile broadband spectrum than any other carrier in the United States. This allows the company to keep adding capacity and speed to meet the increasing demand for unlimited data plans.
Additionally, Sprint has significantly increased its investment to improve coverage, reliability and speed as it gears up for the launch of the first mobile 5G network (the next generation of wireless technology) in the nation. The company’s 5G network build involves the upgrade of all cell sites to triband service using 800MHz, 1.9GHz and 2.5GHz, by adding thousands of new cell sites to expand coverage.
Courtesy of such innovative offerings, shares of Sprint have outperformed the industry over the past three months. The company has lost 3.9% compared with the industry’s decline of 6.5%.
Sprint has a Zacks Rank #3 (Hold). A few better-ranked stocks in the broader industry are BlackBerry Limited (BB - Free Report) , TIM Participações S.A. (TSU - Free Report) and Micron Technology, Inc. (MU - Free Report) . While BlackBerry sports a Zacks Rank #1 (Strong Buy), TIM and Micron carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BlackBerry has an expected long-term earnings growth rate of 18.6%. It has beaten earnings estimates twice in the trailing four quarters, the average being a positive 500%.
TIM has an expected long-term earnings growth rate of 26.2%.
Micron has an expected long-term earnings growth rate of 10%. It has surpassed earnings estimates in each of the trailing four quarters, the average beat being 8%.
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