Tag: VZ

  • Don’t Rush to Buy Verizon Just Yet

    Don’t Rush to Buy Verizon Just Yet

    Investors may not want to chase Verizon (VZ) here. The 6.34% yielding stock gapped higher after revenue and postpaid net additions beat Street estimates. EPS of $1.08 was in line with estimates. Revenue came in at $35.1 billion, which beat estimates for $34.6 billion. In its fourth quarter, the company saw a net addition of…

  • Verizon Stock Too Cheap to Ignore

    Verizon Stock Too Cheap to Ignore

    With a yield of 6.94%, Verizon (VZ) may be too cheap to ignore. After plummeting from about $50 to $38, the stock is incredibly oversold at support last seen in 2018.  It’s also wildly oversold on RSI, MACD, and Williams’ %R. It also carries a respectable dividend yield of 6.94%.  Verizon’s P/E of 8.3 is…