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Vodafone Airtouch Public Company (VOD) [hlAlert]

down 29.96 %

Barron's Favorite Stocks for 2012 - Vodafone

Posted on: Thursday,  Jan 3, 2013  1:25 AM ET by Barron's favorite stocks for 2012

Barron's favorite stocks for 2012 rated Buy Vodafone Airtouch Public Company (NASDAQ: VOD) on 12/12/2011, when the stock price was
$49.72. Since then, Vodafone Airtouch Public Company has lost 29.97% as of 08/27/2015's recent price of $34.82.
If you would have followed this Barron's favorite stocks for 2012's recommendation on VOD, you would have lost 29.96% of your investment in 1354 days.

Vodafone Group Plc (Vodafone) is engaged in providing service, such as voice, messaging, data and fixed line and others. Voice services include provision of mobile voice communications. Messaging include text, picture and video messaging using mobile devices. Date services provide e-mail, mobile connectivity and Internet on Your mobile. Fixed lines provide customers with fixed broadband and fixed voice and date solutions. Other services include mobile advertising and business managed services, as well as incoming roaming and wholesale mobile virtual network operators. On December 30, 2008, Vodacom Group (Pty) Limited (Vodacom) acquired the carrier services and business network solutions subsidiaries of Gateway Telecommunications SA (Pty) Ltd. In January 2009, Verizon Wireless completed its purchase of Alltel Corporation from Atlantis Holdings LLC. On April 20, 2009, the Company acquired an additional 15% stake in Vodacom. On May 18, 2009, Vodacom became a subsidiary of the Company.

After a volatile year, stocks are heading into the homestretch about where they began. The benchmark Standard & Poor's 500 Index finished the week at 1255, within a percentage point of where it started the year. The Dow Jones Industrial Average is up 5% in 2011, largely reflecting the strength of a single stock, IBM (ticker: IBM), which has risen 32% to 194 and dominates the price-weighted index owing to its lofty absolute share price. Most equity strategists are optimistic at best about 2012. They're worried that earnings growth and strong corporate balance sheets will be offset, in investors' minds, by the tough economic backdrop and the European debt crisis. Barry Knapp, Barclays Capital's chief market strategist, recently set an S&P 500 target of 1330, 6% above Friday's close. He expects a "difficult" first half followed by a second-half rally. The important offset to the economic and political situation is valuation. U.S. stocks look reasonably priced, especially with 10-year Treasuries yielding 2% and short-term rates near zero. The S&P 500 is valued at 13 times projected 2011 profits and about 12 times next year's projected earnings. Bulls cite the combination of attractive valuations and super-low rates. "I feel like a kid in a candy store…I don't know where to begin," said Joe Rosenberg, chief investment strategist at Loews, told Barron's in last week's interview ("The Best Opportunities in a Half-Century," Dec. 5). Rosenberg is partial to a range of blue-chip stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2011 4:00 PM Buy
1 year
as of 8/27/2015
1 Week down  -7.66 %
1 Month down  -7.88 %
3 Months down  -5.71 %
1 YTD down  -51.59 %

(*) Stock Price at the time of the recommendation.
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