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Telecom Stocks

Robust Growth at a Deep Value

By Roger S. Conrad on Jul. 29, 2013

Telefonica’s woes can be squarely blamed on aggressive global expansion right up to the great crash of 2008. Revenue growth in Latin America has offset shrinking in Spain and elsewhere in Europe but the Continent’s credit crunch has forced the company to sell assets to reduce its debt load, even as its credit rating has been cut. But things are looking up.

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Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger b