TDS Stock Surges 85.3% YTD: Will This Uptrend Continue?

Shares of Telephone and Data Systems, Inc. (TDS) have climbed 85.3% year to date against a decline of 6.6% for the industry. Solid growth in residential broadband connections, healthy traction in fixed wireless portfolio and tower rental business are key growth drivers. Management’s focus on cost optimization is driving profitability. Backed by strong fundamentals, this Zacks Rank #3 (Hold) stock appears primed for further appreciation.Image Source: Zacks Investment ResearchGrowth DriversThe telecom service ...