4 Reasons I'm Buying Softbank Group Stock
Softbank (NASDAQOTH: SFTBY), one of the biggest telcos in the world, doesn't initially seem like a high-growth investment. The Japanese company -- which also owns the majority of Sprint (NYSE: S) -- is expected to post 6% sales growth this year.
Meanwhile, its earnings could fall over 70% on tough competition in the domestic telco market, the weakness of Sprint, and higher investments in adjacent markets. Nevertheless, I recently started a position in Softbank for four simple reasons.
Softbank's iconic Pepper robot. Image source: Softbank.
Source: Fool.com
