The following video is from Thursday's Investor Beat, in which host Erin Kennedy along with Motley Fool analysts Matt Koppenheffer and David Hanson investigate the hardest-hitting investing stories of the day.
Telecom giant Verizon Communications (NYSE:VZ) is looking to buy out Vodafone's (NASDAQ:VOD) 45% stake in Verizon Wireless. Both stocks jumped on the news, with Vodafone up as much as 8%. Variations on this story have made Vodafone stock jump all year. In today's lead story on Investor Beat, Matt and David discuss the proposed deal, and whether the telecom sector as a whole is an especially intriguing one for investors.
David Hanson has no position in any stocks mentioned. Erin Kennedy has no position in any stocks mentioned. Matt Koppenheffer owns shares of AT&T. The Motley Fool recommends Vodafone. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.