Opinions
The Panic-Proof Portfolio (Stockchase Research)
Verizon Communications
VZ-N
TOP PICK
Jan 12, 2021
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.
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)