Barron’s: Historically Neglected Sprint Nextel (S) Now Appears A Good Buy

Barron’s noted that Sprint Nextel Corporation (NYSE: S), which has long been shunned by investors for its several business missteps, is poised to grow again.

It added that Sprint Nextel is well positioned in the faster-growing prepaid segment and its 4G effort along with a slew of well-received smart phones are a part of its growth strategy that very few investors have noted. Sprint Nextel is trading at $3.16 and Barron’s believes that it can grow as much as 50%.