Verizon CommunicationsVZBUYNov 03, 2014Stock price when the opinion was issued
As of Oct 23, 2026. Market Open.
Starlink is a bit of a red herring -- Elon is a promoter, and this is a long-dated opportunity (if it happens at all).
Stocks overreacted to the downside. About 80% of the 1-day fall was made up in 5-6 days. Produces significant cashflow. CEO is more of an entrepreneur. Great opportunity. Yield is almost 6%.
A changed company. Older business model was volume-based, now has a bit more of an entrepreneurial spirit and is a bit more growthy. Cutting back on getting the customer at any price to a higher-quality customer. New focus is turning up in cashflow. Returning a lot of cash to investors, lots of buybacks.
Defensive play. Yield is 5.67%.
Verizon (VZ-N) or Vodafone (VOD-Q)? If he had to choose, this would be the one he would pick. They took out the minority interest in Vodafone in the US wireless business. This gives you a little bit of opportunity from a growth standpoint, because of their large embedded infrastructure in the wireless area. They also pay out a very fine dividend and are investor friendly. Dividend is very safe.