BofA/Merrill is downgrading Vodafone (VOD -1.2%) to Hold. While liking Vodafone's top-line...

BofA/Merrill is downgrading Vodafone (VOD -1.2%) to Hold. While liking Vodafone's top-line growth and dividend yield, the firm is worried about slumping Italian profits, Indian spectrum costs, a relatively high P/E (currently 14), and the potential end of 45%-owned Verizon Wireless (VZ) and AT&T's (T) duopoly power in the U.S.

From other sites
Comments (5)
  • rgperrin
    , contributor
    Comments (1289) | Send Message
    And the Verizon and AT&T "duopoly power in the U.S." will "potential[ly[ end" how, exactly?
    15 Aug 2012, 03:00 PM Reply Like
  • Scott Hopper
    , contributor
    Comments (43) | Send Message
    Yes, I'd like to know what was meant by that too!!
    15 Aug 2012, 03:10 PM Reply Like
  • miklx
    , contributor
    Comments (2) | Send Message
    Sprint ???
    15 Aug 2012, 05:02 PM Reply Like
  • Tom DAlessandro
    , contributor
    Comments (142) | Send Message
    As long as the dividend holds, I will continue to accumulate VOD as one of my core holdings.
    16 Aug 2012, 08:04 AM Reply Like
  • Veritas1010
    , contributor
    Comments (2536) | Send Message
    VOD, T, and VZ are core holdings at the right price for dividends and/or capital appreciation. Break the duopoly? Not unless Google intends to take its Kansas City broadband experiment to key hub cities on the 'duo-coasts'!


    What nonsense!!!
    16 Aug 2012, 06:25 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs