my stockbroker believes vodafone are underweight is he effectively saying

go balls deep and double up IMO

or follow your broker's advice and get rid:

http://en.wikipedia.org/wiki/Underweight_(stock_market)

Not here :p

please elaborate seasider

Have the competitors fully tapped the world markets? How much further can Vodafone go? Research yourself don't just rely on brokers opinion.

whatever your broker tells you do the opposite and you will finish miles infront.

Does he have a history of being right, or is he one of the many who talk rubbish.

What he's saying is hold less of it than a "balanced portfolio". It's hard to say whether that means you should sell any as we don't know what else you've got - for example, do you have any commodities of any sort?

i have shares in vodafone, unilever, lloyds, ladbrokes, kraft, dr pepper, ig group, fortune oil, tesco and pendragon.