In April of last year, I made the case of going long Vodafone (VOD).
Since then, I’m up nearly 44% on my purchase price (including dividends). Vodafone currently yields nearly 7.5%.
Recently, Barrons had a good article on why investors should still consider investing in Vodafone.
Its ADRs, which trade on Nasdaq and each represent 10 ordinary U.K.-listed shares, could rise more than 20%, to $35-$38, over the next two years. Including dividends, the total return could top 35%, with significantly less volatility than the average stock, given Vodafone’s relatively stable business. (Vodafone ordinary shares closed in London Friday at 180 pence. The ADRs finished near $29.)
There were also several quotes from fund managers:






