TEO Enters Oversold Territory – Tale of the Tape

Telecom Argentina S.A.’s (TEO) share price has entered into oversold territory with a stochastic value of 18.246. The Zacks Consensus Estimate on the company’s earnings for year ending December 2011 increased by 9 cents over the past month to $2.95 per share. Telecom Argentina is a Zacks #1Rank (“Strong Buy”) company.