Wireless Communications and Telecom Equipment Report

July 12, 2010

Buy ($175)

Topics covered: Tower Companies As Top Stock Picks, Smartphones and Convergence Trend, Regulatory Uncertainty, Opportunities In Latin America and Africa, Emerging Market Wireless Companies

Companies covered: Automatic Data Processing, Inc. (NASDAQ:ADP), Western Union Company (The) (NYSE:WU), Walmart Inc. (NYSE:WMT), Visa Inc. (NYSE:V), Paychex, Inc. (NASDAQ:PAYX), Mastercard Incorporated (NYSE:MA), Fiserv, Inc. (NYSE:FI), Fidelity National Information Services, Inc. (NYSE:FIS), Bank of America Corporation (NYSE:BAC), TrueBlue, Inc. (NYSE:TBI), Stifel Financial Corporation (NYSE:SFN), Robert Half International Inc. (NYSE:RHI), Monster Worldwide, Inc. (NYSE:MWW), ManpowerGroup (NYSE:MAN), Kforce, Inc. (NASDAQ:KFRC), Kelly Services, Inc. (NASDAQ:KELYA), Boeing Company (The) (NYSE:BA), MPS Group Inc., ActivIdentity Corporation, Dice Holdings, Inc. (NYSE:DHX), Wipro Limited (NYSE:WIT), Gilat Satellite Networks Ltd. (NASDAQ:GILT), FiberTower Corporation, ADC Telecommunications Inc., iPass Inc. (NASDAQ:IPAS), On Assignment, Inc. (NYSE:ASGN), Orckit Communications Ltd.