We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. T-Mobile US, Inc. (NASDAQ:TMUS) is one of the stocks Jim Cramer recently discussed.
T-Mobile US, Inc. (NASDAQ:TMUS) is an American telecommunications carrier whose shares have gained 10.9% year-to-date. The shares jumped by 6.1% in July after the firm’s latest earnings report saw its $21.13 billion in revenue and $2.84 in EPS beat analyst estimates of $21.04 billion and $2.68. Another reason why T-Mobile US, Inc. (NASDAQ:TMUS)’s shares rose was due to its 830,000 postpaid additions beating analyst estimates of 700,300. Here’s what Cramer said:
“That was a nice quarter.
Previously, Cramer discussed T-Mobile US, Inc. (NASDAQ:TMUS)’s share price movements:
“Here’s one [that’s] a little surprising. Keybanc puts out a very cogent piece about how T-Mobile is fiber-deficient. And they think that the consumer value proposition has deteriorated rather rapidly. Downgraded to Underweight. And the stock has been weak. But this is a, in many ways you read this and you think oh my bad, now I know why it’s going down. Which will mean that it’s got much further to fall.
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Disclosure: None. This article is originally published at Insider Monkey.