How To Trade Vodafone
Who are we? Vodafone is a global telecommunications company offering a range of communications products and services including voice, data, messaging and fixed-line solutions and devices.
Full company name: Vodafone Group Plc
Headquarters: London, United Kingdom,
Expiry formula: (Bid + Ask) / 2
Trading hours: Mon – Fri, 09:30 – 16:00 (EST)
Vodafone Group Plc is a telecommunications company that was established in 1984. The company offers telephone, SMS, fixed broadband and mobile information services to millions customers around the globe with operations in over 30 countries and partnership with other networks in over 40 countries making it one of the best stocks to watch for. Currently it is the world’s largest telecommunications companyin terms of revenues and the second largest in terms of global subscriber base. When it comes to trading, you’ll never go wrong if youinvest in stocks of Vodafone because it belongs to the telecommunications industry. This market sector is known to be very dynamic where stock prices frequently change due to periodic technological developments. And whenever there is volatility in market prices, there is an opportunity to profit.
How To Trade This Stock?
Vodafone operates in more than 30 companies around the world, and its main office is in London. On the London Stock Exchange, the company is listed as VOD.L, and in the NASDAQ 100 and FTSE 100 indices it is signed simply VOD. Vodafone shares show good statistics after the credit crisis. In August 2012, the price of one share was more than $185, higher than in the pre-recession period. Online trading of Vodafone shares is incredibly upfront. The large volume of trading creates high volatility, which contributes to profit generation. Placing your investments on a telecommunications stock like Vodafone allows you implement efficient trading strategies for weighty financial returns. This can be achieved by relying on real-time information that is readily available online in order for you to make wiser market predictions. You can track the company’s historical price records and apply technical analysis to spot any market trends. In this way you can foretell if there will be a price increase or decrease and you will be able to place the correct trade. There’s no doubt that the telecommunications industry is ideal for trading thanks to its highly volatile market value. So if you’re deciding on what stocks to invest in then the Vodafone brand is a good choice.