Verizon CommunicationsVZTOP PICKJan 12, 2021Stock price when the opinion was issued
As of Sep 11, 2026. Market Open.
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%.
Stockchase Research Editor: Michael O'Reilly VZ is a defensive stock that pays you to hold it with a great dividend, backed by a payout ratio of only 56%. The company provides internet, cable and phone services -- all of which are deemed essential in today's world. It has already been launching 5G giving it an early advantage over competitors like AT&T. We would buy this with a stop-loss of $51, looking to achieve $67 -- upside of over 17%. Yield 4.37% (Analysts’ price target is $62.06)