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Stockchase Opinions

Mark GrammerTelecom Italia SPATIWEAK BUYOct 18, 2013

Very good dividend. If cash flow is strong enough then this should do fairly well. Has had a tremendous recovery. It is not a growth stock, but for a dividend stock it is an interesting one. 2.5% dividend.

$10.30

Stock price when the opinion was issued

$9.03

As of Jun 11, 2026. Market Open.

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COMMENT

The tough part about these businesses is that they are heavily capital intensive with a lot of capital expenditures they have to make. The good thing with this one is that they own other assets globally.

SELL

Thinks it has gotten ahead of itself. It is a trading story, but prefers Chinese telecoms.

SELL

From a macro point of view, Italy is still in recession. Thinks it is the last country of the pegs that is going to remain in recession. Feels there are better ones to be in.

SELL

Italian Telecom. Averaging down depends on the quality of the company. Italy is having a very tough time. He would sell this and go in to others such as China Mobile or Vodaphone.

DON'T BUY
(Market Call Minute.) Really tough regulatory climate. Feels the dividend is really at risk.
DON'T BUY
Decent presence in emerging markets but the balance sheet isn't great and the core franchise in Italy isn't that great. Prefers others.