SOURCE: SmallCap-Investors.com

 
Apr 03, 2009 10:29 ET

Stocks on the Move: SITO, VZ, AAPL, NIHD

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Smallcap-Investors.com.

BOCA RATON, FL--(Marketwire - April 3, 2009) - If you are looking to put some money back to work then we have a few ideas for you, the wireless sector has been on fire as of late and this trend looks to continue.

Single Touch Systems, Inc. (OTCBB: SITO): After the bell yesterday the company announced that they are kicking off a major deal with Nextel Mexico. In the release Single Touch, the leader in the Abbreviated Dialing Code (ADC), stated that they will be launching its billing and data services platform with Nextel Mexico in June of 2009. Nextel Mexico, a division of NII Holdings Inc. (NASDAQ: NIHD), delivered $4.26 billion in total revenue and grew 29% in 2008. Stock is trading up 4%.

Stocks edged lower after some sobering news on the jobs front with 633,00 jobs lost for the month but Verizon Wireless (NYSE: VZ) bucked the trend by actually seeking to hire up to 100 people in their customer service division.

Apple (NASDAQ: AAPL): Now we won't tell you this is 2007 when AAPL rose more than 125% but the stock is up more than 30% for the year easily outpacing the DOW.

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