EARN 5.69% DIVIDEND ON SPRINT AND T-MOBILE MERGER RUMORS $TMUS $S $T

EARN 5.69% DIVIDEND ON SPRINT AND T-MOBILE MERGER RUMORS $TMUS $S $T

This post was just published on ZYX Buy Change Alert.

There is credibility to the rumors that Sprint ( S) and T-Mobile (TMUS) may be close to a merger.  A merger of S and TMUS means less competition for AT&T (T ).  T stock has fallen after earnings as earnings were less than the whisper numbers. This fall in T stock provides a buying opportunity.  The buy zone is $32 to $33.65. In the after market the stock has moved up to $33.35.   Target zone is $38 to $41.  Stop zone is $29 to $29.38.  Those who want a tighter stop for a partial quantity the stop is $31 to$31.43.  Maximum recommended position size is 35% of full core position size.   T also provides a nice dividend of 5.69%.

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