3 New Reasons To Consider Windstream Now
By Stock Croc:Windstream (WIN) had a very busy end to its week last week, and it was not a good one. That isn't to say that it's a bad stock to own. As a telecommunications firm, Windstream is poised for very large gains in the future due to the increased speed of broadband and wireless networks. Do not get too caught up in the disappointing announcements. Windstream should see steady, meaningful growth in the near future.Let's address the bad news first. Windstream stock price fell about 10% to about $10 on disappointing earnings announcements. Even though earnings were up 11 cents per share, analysts expected earnings of 14 cents per share, and criticized Windstream accordingly. Although it took a beating on Tuesday, most analysts still rate it as a hold, with a few rating it as a buy.There is a growing concern that missing earnings estimates will become a trendComplete Story »
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