Opinions
Kash Pashootan
Verizon Communications
VZ-N
DON'T BUY
Jun 27, 2018
Stock price when the opinion was issued
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Premium contentPremium 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.
Whoever owns it, say they like if for the dividend. He would caution investors about wanting to own this merely for the dividend. The stock has done nothing and he thinks you would do better with a lower yield stock, but with better growth potential. He is not interested in this space at all as he thinks the dividend could be under pressure. (Analysts’ price target is $56)