Opinion on  Portugal Telecom SGPS S.A. (PT)     Sector: Services  >  Industry: Communications Services
BUY: Portugal Telecom, SGPS (ADR) (NYSE: PT)

BUY: Portugal Telecom, SGPS (ADR) (NYSE: PT) $14.05 (7/10/07)

Sell price: $ 14.75 or
Sell date: August 10, 2007
Stop loss: $13.50 (-3.9%) - ATR(10) * 2.5

MACD bullish
MACD bullish crossover
EMA very bullish
Fibonacci analysis bullish

Profile: Portugal Telecom, SGPS, SA (Portugal Telecom) is engaged in the provision of a range of telecommunications and multimedia services in Portugal and other countries, including Brazil. Its activity covers all segments of the telecommunications sector, including fixed, mobile, multimedia, data and corporate solutions. Portugal Telecom offers a range of mobile services, multimedia services (such as pay television, Internet access and portal services), data and business solutions (such as data communications, business-to-business, e-commerce and data and networking solutions) and wireline telephone services for retail and wholesale customers. The Company operates through four business segments: Wireline (including retail, wholesale and data and corporate), Domestic Mobile (Telecomunicacoes Moveis Nacionais, SA (TMN)), Brazilian Mobile (Brasilcel NV (Vivo)) and Multimedia (including pay television and cable Internet, audiovisuals distribution and cinematographic exhibition).