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This positive shift in estimates has made some investors take notice and buy the stock. In fact, SHEN has seen some pretty solid trading lately, as the company has moved higher by 24.26% in the past month.
If Shenandoah can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put SHEN on your watch list for the future.
Other top-ranked stocks worth considering in this space include Nippon Telegraph and Telephone Corporation (NYSE: NTT), Level 3 Communications, Inc. (NYSE: LVLT), and Telecom Italia S.p.A. (NYSE: TI). Nippon Telegraph and Telephone Corporation carries a Zacks Rank #1 (Strong Buy) while both Level 3 Communications and Telecom Italia carry a Zacks Rank #2 (Buy).
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LEVEL 3 COMM (NYSE: LVLT): Free Stock Analysis Report
NIPPON TELE-ADR (NYSE: NTT): Free Stock Analysis Report
SHENANDOAH TELE (NASDAQ: SHEN): Free Stock Analysis Report
TELECOM ITA-ADR (NYSE: TI): Free Stock Analysis Report
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