Verizon CommunicationsVZWEAK BUYNov 13, 2017Stock 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%.
Analysts generally have it as a hold. Telecom is cheap to him. They have been underperforming for almost a year. IYZ-N reflects the telecom sector and he has been buying it. He likes it here and is in an accumulation here. He prefers the ETF to one company. He does not know if VZ-N will be a winner over the boarder sector.