
NYSE:VZ
This summary was created by AI, based on 6 opinions in the last 12 months.
Verizon Communications (VZ) has experienced significant stock movement lately, with a notable increase of 18.6% in the past six months, largely influenced by a change in leadership with the appointment of a new CEO. However, experts express mixed sentiments about its future growth prospects due to the global memory chip shortage, which diverts resources to more lucrative areas like AI. Despite the strong recent performance and a healthy 6.7% dividend yield, some analysts caution that the stock may lack growth potential and could experience further declines in the coming months. There is also a prevailing sentiment that the stock functions more like a bond, appealing to investors seeking steady income rather than capital growth. Overall, while it remains a reliable performer for income-focused investors, the lack of growth raises concerns about its long-term attractiveness.
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%.