1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (5739) 

Baron Funds Comments on Softbank Corp

August 30, 2012 | About:

From Baron Funds' second quarter commentary:

Softbank Corp. (STWRY) gained approximately 28% for the second quarter. Softbank is a leading wireless communications service provider in Japan as well as a leading investor in Internet businesses across Asia. After declining on the rumor of losing iPhone/iPad exclusivity, the shares rose when the loss of exclusivity was finally announced. The shares were further boosted in reaction to the terms of Yahoo Inc.'s repurchase of Alibaba Group shares. Softbank holds a 33% interest in Alibaba Group with an implied value of over $10.0 billion. We continue to believe Softbank's core business offers attractive growth potential and that the value of is vast Internet investments are not reflected in the current share price. (Michael Kass)


Rating: 2.9/5 (9 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


DBrizanbuffet beater
DBrizanWFC RY TD BNS beater
Gina ZhangDiv Yield
UVInvestorsGrowing High ROE
niregunSP performer
morsy.hananGuru undervalued
woodman1024Safe Large Stocks
yukondeltagAcquirer's Multiple - All Cap
Ismael04Magic Formula Filter
gfrick052616 fcp, roic, pocf, peg,p/

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK