Galaxy S 4 Comes to Sprint and 2 Other Hot Stocks to Watch
Sprint Nextel Corporation (NYSE:S): Current price $7.17
Starting on Saturday, Sprint will have the Samsung Galaxy S 4, 16 gigabytes, available for $249.99 along with a new line or eligible upgrade, with a two-year service agreement. Beyond that, new customers who transfer their phone numbers to Sprint from elsewhere should receive a $100 instant credit, which lowers the phone price to $149.99 for a limited time, according to theflyonthewall.com.
Yahoo! (NASDAQ:YHOO): Current price $23.82
Thanks to the firm’s better than anticipated first quarter earnings, Stifel says that Yahoo’s accretion value from its Alibaba interest should more than outweigh the slump in the value of its core business. Also, Stifel believes that the company’s turnaround moves are “murky at best,” but it keeps its Buy on the shares, according to theflyonthewall.com.
Micron Technology (NASDAQ:MU): Current price $9.46
Bernstein maintains its Outperform on Micron, as its survey shows that DRAM contract prices have risen yet another 10 percent, and the firm also still keeps its positive view on both DRAM’s and NAND’s structural recoveries, say the same sources as before.