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Top performers spotlight on Telecom Argentina S A; TEO, LVLT, BTM

4/05/10

There’s still a lot of uncertainty in the market and traders are still dealing with swings in volatility and unreliable returns.

But there are plenty of stocks delivering solid returns despite the craziness of the market. Taking a look at some of them can offer clues as to which companies might be poised to make runs over the next few weeks.

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Telecom Argentina S A (TEO) is one of the top performing stocks in the market in terms of price gain over the last 30 days. The stock has posted a sizable 13.97% gain in price in the last month and closed last session at $18.84. Over the same time the S&P 500 index has returned around 3.51%.

Often, price gains are driven by gapping in the stock’s price due to an announcement or corporate event. Other times, the stock has seen sustained upward price growth over the period. So be sure to always do some basic technical analysis to determine what’s really causing the price action to make a determination whether you expect it to continue or not.

And always compare to other stocks in the industry. TEO competes for investor dollars in the Diversified Communication Services industry. While TEO has been a top performer, industry peer Level 3 Communications Inc. (LVLT) has seen a 1.25% gain in stock price over the same time, while another peer, Brasil Telecom S.A. (BTM) saw a -6.46% gain (loss)

The Diversified Communication Services industry as a whole saw a 0.22% gain. So TEO has outperformed its industry as a whole 6250% during its big run up.

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