The Simple Reason Why I Won't Buy Sprint Corporation Stock
Sprint (NYSE: S) CEO Marcello Claure has done an admirable job turning his company around. He took a brand that had sunk to fourth in a four-brand field and stopped the bleeding.
Claure's company went from steadily losing customers to posting its highest postpaid phone gross additions in its history in Q2 2017. It has added customers in that category for nine straight quarters, and has also reversed losses in its prepaid business.
Sprint has used low prices to win customers. Image source: Sprint.
Source: Fool.com
