Interesting voda review online9 Oct 2018 22:22
on my knife-catching opportunity for 5G stocks is Vodafone (NASDAQ:VOD). Unless your sporting activities only revolve around watching NASCAR and wrenching on your truck, you’ve heard of Vodafone. For NASCAR fans, Vodafone is a British multinational telecom giant. In fact, buying VOD stock makes you an owner of the second-biggest mobile network operator in the world.
Unfortunately, that hasn’t meant much to Wall Street. On a YTD basis, VOD stock has hemorrhaged an agonizing 31% in the markets. Its aggressive bidding for European airwave auctions hasn’t really charmed investors. After all, the Vodafone has nearly $40.6 billion in debt, and only $14.8 billion in cash and its equivalent.
But the old adage is that you have to spend money to make money. The 5G transition, once fully implemented, could dramatically alter the telecom landscape. At that point, those early (and painful) investments could pay off significantly.
Undoubtedly, VOD stock is a huge risk, but one that isn’t completely crazy.