Saturday, March 26, 2011

Update Vodafone Group PLC (VOD)


I am still a fan of this stock: it is fundamentally sound, a stable company, and offers a very handsome dividend. However, due to it slow upward trend in the last month, I am lowering my price target from 38 to 33. This stock should still be owned, but do not expect a major uptrend. It is a great safe stock to own and can provide a steady income through its dividend.

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