- Telefonica SA is one of the largest telecom operators in the world with a leading market position in countries across Europe and Latin America.
- Despite a challenging environment due to the pandemic, the company remains profitable with recent results indicating an emerging recovery.
- We are bullish on the stock which offers attractive value with significant upside as operating conditions improve.
- The stock yields 9% on a forward basis with its 2021 semi-annual dividend already announced and supported by underlying cash flows.
For further details see:
Telefonica SA: +9% Yield With Bullish Outlook Into A Post-Pandemic Recovery