Keep an eye on beaten-down, oversold shares of T-Mobile (TMUS).
Last trading at $211.30, it’s over-extended on RSI, MACD and Williams’ %R. From here, we’d like to see the stock initially refill its bearish gap at around $220 a share. Longer term, we’d like to see it retest $250 a share. Helping, director Andre Almeida bought 3,808 shares of TMUS for just under $900,000. Plus, the company recently set a new shareholder return program of about $14 billion, which will run through December 31, 2025.


“The new plan is in addition to the company’s shareholder return program announced last year that runs through Dec. 31, 2024,” as noted by Seeking Alpha. “As discussed at Capital Markets Day, T-Mobile US expects its business plan to support up to $80B in investments and capital returns between Sep. 18, 2024 and the end of 2027, of which up to $50B may be allocated for share repurchases and cash dividends.”
At the moment, as we wait for the TMUS stock to recover, we can collect its current yield of 1.67%. TMUS also declared a cash dividend of $0.88 per share, which is payable on March 13, 2025 to shareholders of record as of February 28, 2025.
Sincerely,
Ian Cooper
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