This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 10 'Buy'-Rated Stocks Under $5

2. Sprint Nextel (S)

Company Profile: Sprint Nextel offers a range of wireless and wireline communications products and services.

Share Price: $4.39 (Sept. 8)

2010 Stock Performance: 20%

Analyst Consensus: Of 31 research firms covering Sprint, 12 say investors should buy the stock. Another 14 recommend investors hold shares, while 5 analysts have a "sell" rating on the telecom company. The average of 17 recent stock-price targets is $4.97, which is 13% above where the stock currently trades.

Bullish Case: In a Sept. 2 research note, Wells Fargo Securities senior analyst Jennifer Fritzsche reiterated an "outperform" rating on Sprint and a valuation range of $5.50 to $5.75. "Based on our findings, we believe there is likely upside to Street expectations for postpay subscribers," Fritzsche wrote. "We believe this is being driven by both stable gross adds as well as possible downside surprise in churn. We continue to believe postpay sub direction and stability around this metric is key to this story."

9 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ARIA $9.23 0.87%
MHR $1.97 -2.50%
AAPL $128.73 -0.17%
FB $78.81 -0.23%
GOOG $540.66 0.51%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs