Opinions The Panic-Proof Portfolio (Stockchase Research)
Verizon CommunicationsVZTOP PICKApr 25, 2023
Stock price when the opinion was issued
As of Jun 04, 2026. Market Open.
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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.
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 content
5G adoption is strong along with solid demand for their fixed broadband service. The company reports the highest broadband performance in over a decade. Free cash flow more than doubled on the year to over $2.3 billion which allowed for a sizable reduction in debt. Guidance calls for 2.5%-4.5% increases in revenue this year. It pays a great dividend that has increased for 18 consecutive years, backed by a payout ratio under 55% of cash flow. We recommend placing a stop loss at $33, looking to achieve $44.50 -- upside potential of 18%. Yield 7.0%
(Analysts’ price target is $44.43)