- 4-Week # shares sold: 3,750
- 12-Week # shares sold: 18,250
- 24-Week # shares sold: 27,000
U.S. telecoms have used mergers to offset revenue pressures and protect their rich dividends.
U.S. telcos have been turning to M&A to offset revenue pressures and protect their rich dividends. That leaves conditions ripe for further dealmaking.
Shares of Cogent Communications are up 23 percent in 2016 and one fund likes the high speed internet provider's shares despite the run-up.
Shouldn't safe-harbor stocks have good-looking charts? Looking over Drexel Hamilton's list of 17-stocks, Bruce Kamich, TheStreet's chartist, found just four that were attractive from the long side.