Verizon Communications (VZ)

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.

It reported today with every line item coming in weaker. Share fell 4.67% today.

It reports Monday. They've had a great quarter and the CEO has gotten control of things. It pays a 6.6% dividend plus actual growth.

Yield is around 6.5%, typically lower beta. Were having a rough time, but recently moved above the 200-day MA. A lot of this is due to stabilizing interest rates.

Recent share price has been strong due to overselling after the pandemic. Lots of debt a concern for investors. Could be a good time for investors. Good treasury management has resulting in good debt load execution. Telecom demand not going away, however investors must weight against other options in the market. 

Telecom sector's had a bounce, along with infrastructure. He's very keen on infrastructure. Likes it better than BCE, as US companies have a bit more in terms of growth possibilities. Not a bad decision to own it. US telco playing field is more competitive than Canada's.

Telco. companies not performing as well as expected. With pause in interest rate hikes, could be a good time to buy. Owns shares in company. Stable business with excellent dividend. Will continue to hold. 

The price historically has been flat and the average price target is about $40 - the price is now around $38. The dividend yield is about 7% but is not eligible for the dividend tax credit since it is a U.S. stock. If you buy, it should only be for a registered account. Canadian Telecoms have done better than ones in Europe but have been under some pressure to reduce their prices.

This and AT&T have been hit hard from the anti-dividend stock trend, but also have huge upside if interest rates decline. Are not undervalued and, yes, carry a lot of debt. Yes, there are cable-cutters, but people still watch live sports and that won't vanish.  Is oversold.

Pays a 8.37% dividend. He targets $39.80, 27% upside. It's seen a waterfall of decline in the past year. This will fall to $27, book value, first and that's when he will consider it.