Telefonica: A Bet Worth Taking
Glenn Rogers submits:
I originally recommended Telefonica S.A. (NYSE: TEF) back in November 2006 when was trading at $58.23. Last September when it reached $81.27 I suggested selling half your position for a 40% gain.
Since then the stock pulled back by over $12 to just under $70 a share. It closed on Friday at $73.82 and I think it’s time to buy it again.
Investing, Long Term Investment, stock market | admin March 15, 2010
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