Vodafone shares: 4 reasons why I'm not buying - The Motley Fool UK
Vodafone shares: 4 reasons why I’m not buying More on: Image source: Getty Images. As 2020 draws to a close, I am looking at potential UK companies to add to my portfolio. Vodafone(LSE: VOD) shares are on my radar but I am not convinced about investing in the stock. Here’s four reasons why I am not buying yet. #1 – Mountain of debt At time of writing, Vodafone has a market cap of £34bn. Recent results highlighted that its net debt amounts to €44bn (approximately £40bn), which exceeds the market value of the company. US$12.3 TRILLION out of thin air… And if yo...
Source: fool.co.uk