This Safe Tech Stock Just Crushed Earnings
There aren't many tech stocks that are up on the year, as the Nasdaq is down 21.6% through April -- the worst start to a year on record!
But don't tell that to T-Mobile (NASDAQ: TMUS), which is up a handy 6.2% on the year, even after a rough 6.9% drop on Friday.
However, that drop came at the end of an otherwise positive week, in which T-Mobile beat analyst expectations on its first quarter earning report on Wednesday. Despite Friday's subpar performance, T-Mobile seems like a defensive stock that will allow investors to sleep well at night through a tumultuous market.
Source Fool.com
