
NYSE:VZ
This summary was created by AI, based on 6 opinions in the last 12 months.
Verizon Communications (VZ-N) has recently made headlines with the appointment of a new CEO, which has translated into a notable 18.6% increase in share prices over the past six months. Despite this positive momentum, there are mixed opinions on the stock's future performance, particularly in light of recent earnings reports which were said to be spectacular but may not be indicative of sustainable growth. Experts caution about external factors like the global memory chip shortage affecting revenues, with some suggesting it might be wise to take profits while still enjoying the healthy 6.7% dividend. There is a prevailing sentiment that VZ operates a steady, bond-like presence in the market; however, several experts point out a lack of growth potential, arguing that long-term investors should focus on growth rather than just income. Overall, VZ appears to be seen as a safe, income-generating investment, but one that might lack the excitement of significant upward mobility.
They report Wednesday. Will this stock ever move up? It's stuck and feels more like a bond, than stock. He expects nothing new. He prefers T-Mobil.
Seeking dividends Caveat: You don't get the dividend tax credit as a Canadian investor. For good dividends in Canada: telcos, pipelines, utilities (i.e. Emera, Fortis) and the better investment trusts. He buys a bundle of such dividend payers, but these stocks are still below their February highs, as low as 25%.