Vodafone Still Offers Intriguing Value
Despite a huge run-up in the stock following the sale of Verizon Wireless, Vodafone (VOD) still offers a lot of value to shareholders. The stock has long been associated with the 45% investment in the successful American wireless company, but Vodafone has a whole European business to offer investors that is often overlooked.
Though Vodafone can be difficult to value considering all the moving parts with the deal, it appears one can value the company based on removing the assets being returned to shareholders and the forecasted free cash flow for the remaining businesses in 2014. The valuation might surprise investors considering the large run over the last few months based on the $130 billion offer from Verizon (VZ).
Read the full article at Seeking Alpha.
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