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Is Now the Time to Buy T-Mobile Stock?

TheMotleyFool

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Is Now the Time to Buy T-Mobile Stock?Photo, wide shot, wide-angle lens, Cable TV provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/51ec7f0d-2b5e-41f6-baa4-43bf0f5d7e7d.png

Telecom giant T-Mobile US (NASDAQ: TMUS) has seen its stock price rise over recent months. Shares hit a 52-week high of $165.95 on Jan. 19, and remain near that high at the time of this writing.

It's no wonder T-Mobile stock is up this year. The telecom finished 2023 with excellent earnings results for the fourth quarter. Given the company's success, does it make sense to buy shares even though the stock is near its 52-week high?

To answer that question, it's necessary to dig into T-Mobile's performance in more detail. This can help to determine if the company is a good long-term investment.

Source Fool.com

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