I am here to share why I think Sprint is a good for a short term and long term hold. Some might argue that the stock is headed lower because it’s too cheap and has a negative return on equity. However, I am going to share with you why I believe this stock has the likelihood of moving to the upside rather than downside.
Technically, the downside verses the potential upside is huge. The stock is near its 52 week lows and is 51% from its 52 week highs. Sprint ($S) is also near a bottom and considering how whipsaw the market has been lately the stock is holding well.
