Sony Impairment Charge Does Not Affect Turnaround Thesis
Kristian Kolding • Today, 12:07 PM
- Today, Sony announced a major impairment charge to goodwill in its Mobile Communications segment.
- The impairment charge does not change my overall thesis of a successful turnaround in 2015.
- The impairment charge was somewhat expected, but momentary weakness in Sony's stock price offers a buying opportunity.