T-Mobile emerges as a surprise Tech Winner in Tough Stock Market

    T- Mobile US Inc. has emerged as a surprise winner for investors looking to make money in technology-related stocks. This is in sharp contrast to the high-flying software stocks and giants like Alphabet Inc. that suffered losses this year.

    The mobile Carrier is now trading at an all-time high after jumping 26%. It is the only stock in the media, telecom, or tech companies in Nasdaq 100 to perform well apart from Activision Blizzard, a video game stock.




    Overcoming odds

    High-interest costs have impacted high-valuation tech companies. In contrast, a slow economy has weighed on businesses that heavily depended on internet advertising. However, T-Mobile surpassed the new subscriber’s estimates after it cut the mobile phone plan rates.

    CFRA Research senior equity analyst Keith Snyder said cellular connectivity is essential in the modern world, as evident during the pandemic. This service is the last thing to be cut by consumers, who may switch to a lower plan but will not cancel it. Snyder has put a strong buy rating on T-Mobile stock.

    With its aggressive pricing plans, T-Mobile has surpassed the performance of Verizon Communications and AT&T Inc. The lower tariffs have attracted customers who are hit by rising inflation. Verizon Communications slumped 13%, while AT&T Inc. fell 1.6 %.

    In 2020, T-Mobile acquired Sprint Corp. to make inroads in setting up a 5G network. This was when rivals were scaling down their media forays and focusing on the telecom business.

    According to Ric Prentiss, an analyst with Raymond James, the Sprint merger with T-Mobile benefited the company on the revenue and cost side. He also has given a buy call on the stock.

    T-Mobile is trading at 30 times its future earnings, which is not cheap, and it overshadows 8.6 times and AT&T at 7.3 times the earnings. T-Mobile does not pay a dividend, unlike its rivals. This has made the investors look for steady dividends.

    Wealth Management firm Bunsen Group’s Chief Investment Officer David Bahnsen said though the business growth was great for T-Mobile this year, the stock is still expensive. Bahnsen has $3.7 billion worth of assets under management and a stake in Verizon.

    The Nasdaq 100 has recorded its fourth consecutive week of gains, the longest since November 2021. Since June lows, the tech-heavy index has gained around $3 trillion market value. The last few weeks saw technology stocks rebounding on the strength of resilient quarter reports and softening inflation.

    Top stories 

    • Apple Inc. to expand ads for its iPad and iPhones in search of the next big revenue growth.
    • Dog-themed cryptos surged Monday amidst broad investor enthusiasm toward Ethereum developing its software upgrade.

    Tesla Inc. CEO Elon Musk has contributed to a column on the cyberspace administration of China’s official publication. The agency looks after companies’ data security, including Tencent and Alibaba.



    RELATED ARTICLES

    The Power of Data in Transforming Modern Business Practices

    The Power of Data in Transforming Modern Business Practices

    Data is more than just a byproduct of operations; it is the cornerstone of innovation,...
    future Of e-commerce

    Future of E-commerce: Trends Affecting the Industry in 2025–2026

    E-commerce is not just an opportunity to standard retail—it’s the driving pressure shaping the global...
    Wheon com

    Wheon Com: A Hub for Business Ideas and Growth Strategies

    In today’s fast-paced world of digital lightning, which is dominated by all sorts of stakeholders...
    Tampa

    Tampa’s Thriving Business Climate and Why It’s So Hot Right Now!

    Over the past decade, Tampa has undergone a quiet but powerful transformation. Once seen as...
    Minneapolis Property Management

    Minnesota Property Management Services

    If you’re in search of a reliable, efficient, and professional property management company in the...
    ecommerce marketing tactics

    Ecommerce Marketing Tactics: How the Trend is Changing in 2025

    The 2025 E-commerce industry is even more vibrant, cutthroat, and focused on consumers than just...
    How to Make Smart Decisions With Your Home’s Value

    How to Make Smart Decisions With Your Home’s Value

    Your home is more than just where you hang your hat—it’s a big piece of...
    The Important Aspects of Website Design in NY

    The Important Aspects of Website Design in NY

    Whether you have a website is no longer key in the business landscape. The priority...
    ftasiatrading ecommerce tips

    FTAsiaTrading Ecommerce Tips for Smart Buying and Selling

    FTAsiaTrading's e-commerce website is an interesting online platform designed to make transactions smooth for businesses....
    poorvika mobiles pun

    Poorvika Mobiles Pun: Explore the Full Store

    Poorvika Mobiles Pun is a well-known name in the Indian retail business for mobiles and...
    xrp price prediction

    XRP Price Prediction: Unveiling the Future of Ripple 2025 – 2030

    XRP price prediction stirs a whirlwind of speculation, leaving many investors wondering about its potential....