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.
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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.
