Profiting From the Ultimate Mobile Application
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Verizon recently announced it wants to buy Hughes Telematics. Given recent trends, David thinks this is a great acquisition. Hughes Telematics provides connectivity to the car. Although that may seem strange, Ford CEO Alan Mulally looks at today's cars as "the ultimate mobile application." And this concept is not new. General Motors has been offering OnStar for years. Even in the car, people want to remain connected. That's why Pandora has been making big inroads into vehicles. Ultimately, David thinks this gives Verizon another edge over AT&T; it's another avenue of growth the company can develop. And right now, Verizon has an attractive 4.6% yield as well.
Big tech names might gather a lot of investor attention, but the truth is that they're playing second fiddle to an even larger revolution in technology. To better prepare investors for this new revolution, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
The article Profiting From the Ultimate Mobile Application originally appeared on Fool.com.David Meierhas no positions in the stocks mentioned above.John Reevesowns shares of Verizon Communications. The Motley Fool owns shares of Ford.Motley Fool newsletter services recommendFord and General Motors Company. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.