Verizon CommunicationsVZDON'T BUYDec 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%.
The seasonals for the telecom industry are actually quite strong through to the end of the year, approximately the same time as the technology sector. The problem is, they don’t tend to outperform the market. It is more of a defensive play. This one hasn’t really shown those positive seasonal tendencies that you want to see. In the month of December, it has formed a lower high. Support would be at about $47.50.