Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: For the fourth time in three weeks, shares of Leap Wireless
So what: Deals have helped boost shares of the Cricket Wireless parent in recent weeks, including a partnership with Verizon
Now what: The size of the boost remains to be seen, but even minimal progress justifies the move at this point. Leap trades for less than one-tenth analysts' long-term estimates for annual profit growth. Do you agree? Would you buy shares of Leap Wireless at current prices? Let us know what you think using the comments box below.
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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