Telefonica Stock Rises 24% Year to Date: Redeem Gains or Stay Invested?

Shares of Telefónica, S.A. (TEF) have rallied 24.1% year to date, outperforming its sub-industry, the Zacks Utilities sector and the S&P 500 composite's growth of 5.2%, 16.6% and 20%, respectively. TEF stock's good run on the trading front can be attributed to its improving financial performance. The company beat on earnings in each of the trailing four quarters. Based in Madrid, Spain, Telefonica provides mobile and fixed communication services in Europe and Latin America. In recent years, Telefonica has i ...