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T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?

Investing.com Logo Investing.com By Sam Quirke
T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?

T-Mobile's stock has declined 20% since late August, reaching a 52-week low. Despite challenges in the telecom sector, the company showed strong Q3 fundamentals, added record customer numbers, and received a bullish analyst upgrade, suggesting potential for a rebound.

Insights
TMUS   neutral/positive

Strong Q3 earnings with 9% revenue growth, record customer additions, raised forward guidance, low P/E ratio of 20, and HSBC analyst upgrade to Buy with a $285 price target indicating potential 40% upside