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Why Telephone and Data Systems (TDS) Could Be Positioned for a Surge
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Telephone and Data Systems, Inc. (TDS - Free Report) is a diversified telecom service provider in the United States that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TDS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Telephone and Data Systems could be a solid choice for investors.
Current Quarter Estimates for TDS
In the past 60 days, two estimates have gone higher for Telephone and Data Systems while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 24 cents a share 60 days ago, to 36 cents today, a move of 50%.
Current Year Estimates for TDS
Meanwhile, Telephone and Data Systems’s current year figures are also looking quite promising, with three estimates moving higher in the past 60 days, compared to one lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 98 cents per share 60 days ago to $1.49 per share today, an increase of 52%.
Telephone and Data Systems, Inc. Price and Consensus
The stock has also started to move higher lately, adding 20.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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Why Telephone and Data Systems (TDS) Could Be Positioned for a Surge
Telephone and Data Systems, Inc. (TDS - Free Report) is a diversified telecom service provider in the United States that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on TDS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Telephone and Data Systems could be a solid choice for investors.
Current Quarter Estimates for TDS
In the past 60 days, two estimates have gone higher for Telephone and Data Systems while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 24 cents a share 60 days ago, to 36 cents today, a move of 50%.
Current Year Estimates for TDS
Meanwhile, Telephone and Data Systems’s current year figures are also looking quite promising, with three estimates moving higher in the past 60 days, compared to one lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 98 cents per share 60 days ago to $1.49 per share today, an increase of 52%.
Telephone and Data Systems, Inc. Price and Consensus
Telephone and Data Systems, Inc. price-consensus-chart | Telephone and Data Systems, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 20.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>