Opinions
Larry Berman CFA, CMT, CTA
Verizon Communications
VZ-N
WEAK BUY
Nov 13, 2017
Stock price when the opinion was issued
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Premium contentVerizon Communications Inc., commonly known as Verizon, is a multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. Social media mentions are up 122% in the past 24h.
Premium contentVerizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. Social media mentions are up 1300% in the past 24h.
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.