|Day Low/High||2.40 / 2.54|
|52 Wk Low/High||1.81 / 11.64|
The shares are rallying this week after the local-phone company crushed it on earnings.
Purchase these stocks next week and have some extra spending money by Memorial Day.
With the bulls apparently back in charge, for now, here are three overlooked names with big potential.
VZ is a name that supports a continuation trade thesis.
Just because they're not in an index doesn't mean they can't be winners.
Watching these data points tells me the economy is slowing and bonds will outperform equity for the next few months.
The common stock likely won't see a dividend, but this stock should.
There has been a very narrow trading range and a lack of price movement.
Complacency, as measured by the VIX, warns of a very overbought situation.
During the recent quarter, the dividend represented a payout ratio of less than 60% of available cash flow.
U.S. telcos have been turning to M&A to offset revenue pressures and protect their rich dividends. That leaves conditions ripe for further dealmaking.
Election and rate hike concerns did not stop retail investors from stepping up their equity exposure in September, especially in popular stocks like Facebook and Tesla.
The dividend is under pressure, but bonds could give investors income.
The market has cured many stressed out players, but also created new ones.
Markets were falling as oil prices continued their two-month descent below $40 a barrel.
High yield bonds bounced back in the first half of 2016 after the drop in oil prices sank the sector last year.
Understanding what drives stock value as well how you value stocks is critical in navigating the uncertainties of stock market investing.
Traders who are comfortable with a low-priced name could go long on the communications company on a dip to $5.50 or on a close above $5.65.