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StockNews.com
StockNews.com
Business
Spandan Khandelwal

This 1 Stock Makes a Safe Bet for Income Investors

Vodafone Group Public Limited Company (VOD) provides telecommunication services in Europe and worldwide. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One brands to customers.

Since the telecom industry is defensive, VOD’s business has not been affected much by the high inflation and the other headwinds. The stock has gained 0.7% year-to-date.

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