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Our monthly Ice Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of income-focused Ice recommendations, to help Fools build out their portfolios.
“Best Buys Now” Pick #1:
Vodafone (LSE:VOD)
- Globe-spanning telecoms giant that runs mobile and fixed networks in 21 countries, serving about 315m mobile customers, 28m broadband customers, and 22m TV customers.
- Typically, the company’s network quality ranks in the top two in the countries where it operates, allowing it to compete on quality and attract more valuable, heavy data-hungry users.
- The company is also well positioned in the enterprise market, which is currently about 27% of service revenues. It’s taking market share, driven by businesses shifting to the cloud.
- Currently offers investors a 7% trailing yield.