Portugal Telecom, SGPS (ADR) (NYSE:PT)

CAPS Rating: 5 out of 5

The Company provides telecommunications and multimedia services in Portugal and Brazil.

Recs

1
Player Avatar Carioca58 (34.06) Submitted: 5/30/2012 1:29:43 PM : Outperform Start Price: $3.73 PT Score: -16.91

The market is confused. European telecoms are diversified into non-European markets, and even in Europe they have to continue receiving high revenues (nobody will cancel their cell phones if Greece leaves the Euro, or something like that happens). Portugal would have to see a major depression before PT would start losing money.

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