Opinions Gordon Reid
Verizon CommunicationsVZSELL ON STRENGTHSep 17, 2024
Gordon ReidStock price when the opinion was issued
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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.
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It's capital intensive and very company. So, it's a tough business and returns on investment are very low. He suggests selling on the current price spurt and sell.