Vodafone Group Plc New (NASDAQ:VOD)

CAPS Rating: 4 out of 5

Vodafone connects people throughout Europe and beyond, providing wireless voice and data services.

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Player Avatar sikiliza (< 20) Submitted: 2/27/2013 10:26:56 AM : Underperform Start Price: $27.00 VOD Score: -2.38

VOD has excellent assets across the global including some high margin divisions in Eastern Europe and Africa. As a matter of fact, the world's top money transfer service, MPesa, headquartered out of Nairobi Kenya is owned by Vodafone. This service is a money printing machine with 65% market share.That said, VOD's high operating costs arising from their Western European operations has been a dampener on the company's performance. Add to that the fact that Western Europe as a market has performed very poorly in the last 5 years or so leaves you with a stock that is grossly underperforming relative to the benchmark index.I don't expect their performance to improve until the European economy improves.

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