First Solar, Inc. (FSLR), Tiffany & Co. (TIF) & Sprint Nextel Corporation (S): Today’s Three Best Stocks

Finally, Sprint Nextel Corporation (NYSE:S), which has shed the “Nextel” part of its name following its buyout by SoftBank, added 4.2% on the day, fueled by investors’ high hopes with consolidation in the sector increasing. Over the weekend, AT&T Inc. (NYSE:T) announced a $1.2 billion all-cash purchase of Leap Wireless International, Inc. (NASDAQ:LEAP) to get a hold of its approximately 7 million members. Although no more M&A activity can be expected for Sprint at this point, the potential for M&A hiccups for AT&T in terms of assimilating Leap’s customers, and in transitioning them from Leap’s outdated network to its growing 4G LTE network, could give Sprint the opportunity to step in and take customers.

The article Today’s 3 Best Stocks originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

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