Analysis of the Brazilian Total Telecommunications Services Market 2016 Featuring Amrica Mvil, Oi & Telefonica VIVO - Research and Markets
Publicis Groupe: 2015 Annual Results
UPDATE: FTSE 100 falls as oil pulls back, China data disappoint
EU Sets Out Objections to Hutchison's Telefó nica U.K. Deal
Global Connected Car M2M Connections and Services Market 2016-2020 - Expected to Grow at CAGR of 28% - Research and Markets
Mergers and acquisitions are ramping up (as are rumors), but with the sector slightly overvalued, we stick to fundamentals and seek firms with established economic moats.
Given the tech sector's higher recent volatility and overvaluation, we're seeking wider margins of safety and established economic moats.
Narrow-moat Millicom's dominant position in Latin America yielded impressive 2014 results despite currency headwinds.
With these sectors trading above our fair value estimate, investors should seek firms with established economic moats to help them withstand near-term revenue and operating margin volatility. Plus, get our take on Apple Pay's impact and the ongoing wireless spectrum auction.
As enterprises allocate spending toward data analytics, we see increasing complexity leading to opportunities for legacy technology providers and services firms.