Crista Huff
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Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC, a website that recommends outperforming stocks using fundamental and technical analysis. 

Stock number one is: 

Citigroup Inc., (SYMBOL: C) and the headline says:

Citigroup Profit Beats Estimates as Stock Trading Gains -- Bloomberg

Citigroup reported second-quarter operating profit of $1.24, beating the consensus estimate of $1.18, and up 42% year-over-year.  Stock-trading revenue spiked 68%.  Losses on unwanted assets in Citi Holdings fell to $570 million, its smallest quarterly loss ever.

Earnings per share are expected to rise 23% this year.  The PE is 10.9.  Share buybacks are expected to total $7.4 billion in 2014.

The stock appears capable of breaking past long-term resistance at $52 in the near-term.

Our Ransom Note trendline says:  BUY CITIGROUP.

C Chart

C data by YCharts

Stock number two is: 

AT&T Inc. and Leap Wireless Int'l Inc., (SYMBOL: T, LEAP) and the headline says:

AT&T to Acquire Leap Wireless for $1.2 Billion in Cash – The Wall Street Journal

AT&T has agreed to buy Leap Wireless for $15 per share, and the stock is trading near $17 today.  The deal gives AT&T more customers and airwaves.  Leap shareholders should absolutely sell into today’s inflated share price.

AT&T’s earnings are expected to grow 8-9% per year for the next three years.  The PE is 14, and the dividend yield is 5%.

With a big dividend and a neutral stock chart, we told investors to hold AT&T three times this year.

Our Ransom Note trendline says: SELL LEAP WIRELESS and HOLD AT&T.

T Chart

T data by YCharts

Stock number three is:

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Crista Huff

Crista Huff is a retired stockbroker from a NYSE member investment firm. She writes about market-timing at Goodfellow LLC and is active politically.
 
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