Posts for Ticker ‘SBAC’

Cramer’s Technology Tsunami Picks for 2010 (GOOG, AAPL, AMT, CCI, SBAC, SWKS, ALTR, CY, XLNX, AMZN, CSCO, ERTS, QCOM, INTC)

Tonight on CNBC’s MAD MONEY, Jim Cramer continued with his stock picks for 2010 based on investment themes.  We have already seen energy shortage picks, counter-terrorism and homeland security picks, and international ADR picks; and tonight Cramer gave his high-hope technology picks in the “tech tsunami” theme for 2010.  First, Cramer denies that a war between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL) will only have one winner.  Other mobile web build-out and expansion winners as theme stock picks for 2010 are American Tower Corp. (NYSE: AMT), Crown Castle International Corp. (NYSE: CCI), SBA Communications Corp. (NASDAQ: SBAC), Skyworks Solutions Inc. (NASDAQ: SWKS), Altera Corporation (NASDAQ: ALTR), Cypress Semiconductor Corporation (NYSE: CY), Xilinx inc. (NASDAQ: XLNX), Amazon.com Inc. (NASDAQ: AMZN), Cisco Systems, Inc. (NASDAD: CSCO) that is now deep into wireless and in advanced communications. Electronic Arts Inc. (NASDAQ: ERTS), QUALCOMM Inc. (NASDAQ: QCOM), and Intel Corporation (NASDAQ: INTC).

Many of these stocks share the notion that they are close to 52-week highs and some are close to 2008 highs.  This list is also somewhat different than the list given in our “top picks from everyone” linking to a December 8, 2009 story with TheStreet.com’s top tech picks for 2010.  A brief note on each stock and the reason Cramer likes these follows herein.
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Posted on: January 7, 2010 – 6:49 pm in Analyst Calls, Cramer, Internet, Semiconductor, Technology Companies, Telecom, Video Games, WiMAX, Wireless, , , , , , , , , , , , , ,

SBA Raising Cash After Revenue Target (SBAC)

money-stack-image38SBA Communications Corp. (SBAC) has made two announcements this morning which could have an impact on shareholders.  First, it  reaffirmed its March quarter revenue targets of $132.0 million  to $136.0 million, and Thomson Reuters estimates are $135 million.  The company has also moved to raise cash via the sale of convertible senior notes.
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Posted on: April 20, 2009 – 7:26 am in Earnings, Secondary Offering, Telecom, Wireless,

Top Analyst Downgrades (AMT, AXA, NILE, CA, FDS, IBM, IBKR, ICE, NOVL, SBAC, VIA)

These are the top analyst downgrades and cautious calls we have seen from Wall Street analysts this Monday morning:

American Tower (AMT) Cut to Sector Perform at RBC.
AXA (AXA) Cut to Underweight at JPMorgan.
Blue Nile (NILE) Cut to Hold at Citigroup.
CA Inc. (CA) Cut to Hold at Jefferies.
FactSet (FDS) Started as Sell at Auriga.
IBM (IBM) Cut to Hold at Canaccord Adams.
Interactive Brokers (IBKR) Cut to Underperform at KBW.
IntercontinentalExchange (ICE) Cut to Underperform at KBW.
Novell (NOVL) Cut to Hold at Jefferies.
SBA Communications (SBAC) Cut to Sector Perform at RBC.
Viacom (VIA) Cut to Equal Weight at Barclays.

JON C. OGG

Posted on: April 6, 2009 – 7:33 am in Analyst Calls, , , , , , , , , , ,

Towers Raised at RBC (AMT, CCI, SBAC)

This morning we have seen an upgrade in the communications towers sector. 

RBC Capital Markets took the entire group from a Sector Perform rating to a higher Outperform rating. 

Among the stocks raised were American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC).

Jon C. Ogg
July 3, 2008

Posted on: July 3, 2008 – 7:05 am in Analyst Calls, WiMAX, Wireless, , ,

Downgrading The Towers Sector (AMT, CCI, SBAC)

RBC Capital Markets has issued a downgrade of the cellular and mobile tower sector this morning, which looks like it will weigh somewhat on the shares in the group.  Its prior weighting was "Outperform" in the group, and these three stocks were lowered to a "Sector Perform" rating:

  • American Tower (NYSE: AMT); stock indicated down over 1%.
  • Crown Castle (NYSE: CCI); stock indicated down 1%.
  • SBA Communications (NASDAQ: SBAC); stock indicated down almost 1%.

Most of these stocks were very close to 52-week highs, so this is  a group to watch in pre-market trading as we get closer to the open.

Jon C. Ogg
June 4, 2008

Posted on: June 4, 2008 – 7:04 am in Analyst Calls, WiMAX, Wireless, , ,

Top 10 Pre-Market Analyst Calls (AMT, CCI, SBAC, BEAV, GWR, HOLX, SWY, KNOT, MDCO, UBS, VCLK)

Below are the top 10 pre-market analyst we are looking at this Thursday morning:

  • American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC) all initiated as BUY at Jefferies.
  • Baidu.com (NASDAQ: BIDU) raised to Outperform at RBC Capital.
  • BE Aerospace (NASDAQ: BEAV) downgraded to Neutral from Buy at UBS.
  • Gennesee & Wyoming (NYSE: GWR) raised to Outperform at Bear Stearns.
  • Hologic (NASDAQ: HOLX) started as Buy at Sun Trust Robinson Humphrey.
  • Safeway (NYSE: SWY) raised to Neutral from Sell at UBS.
  • The Knot (NASDAQ: KNOT) downgraded to Neutral at JPMorgan.
  • The Medicines Co. (NASDAQ: MDCO) raised to Buy from Hold at Citigroup.
  • UBS (NYSE: UBS) downgraded to Hold from Buy at Deutsche Bank.
  • ValueClick (NASDAQ: VCLK) raised to Outperform at Robert W. Baird.

Jon C. Ogg
February 14, 2008

Posted on: February 14, 2008 – 7:23 am in Analyst Calls, , , , , , , , , , ,