Verizon Communications Inc. (VZ)

57.02
0.91 1.60
NYSE
Prev Close 57.94
Open 57.50
Day Low/High 56.64 / 57.50
52 Wk Low/High 48.84 / 61.95
Volume 14.24M
Exchange NYSE
Shares Outstanding 4140.07B
Market Cap 242.98B
P/E Ratio 12.97
Div & Yield N.A. (N.A)

Latest News

RingCentral Looks Set to Fall Further

RingCentral Looks Set to Fall Further

Don't be in a rush to anticipate a bottom in the business communications company's stock as the technical signs are largely bearish.

Welcome to the Show, Trading FedEx and UPS, Vaccine Cavalry, Pfizer's Moment?

Welcome to the Show, Trading FedEx and UPS, Vaccine Cavalry, Pfizer's Moment?

UPS and FDX are both in serious rally mode, yet in very different places in terms of technical development.

Economics for Dummies, Fed Recap, Fun With Jobs Math, Amazon, Buying ServiceNow

Economics for Dummies, Fed Recap, Fun With Jobs Math, Amazon, Buying ServiceNow

The differences in approach between the two most basic strategies for how to grow an economy are as stark as the division they cause among economists.

My Gnome

"All these financiers, all these little gnomes of Zurich and those other financial centres, about whom we keep on hearing." - Harold Wilson  My Gnome has not been heard from in several years - as we had a falling out.  But he appeared over the last ...

From The Street of Dreams: Dialing Down Verizon

Last week I took Verizon off of my "Best Ideas List":   Apr 22, 2021 ' 10:30 AM EDT DOUG KASS Reduce/Sell Verizon * Weaker than expected quarter reported * The loss of post paid subscribers is disturbing I didn't like Verizon's (VZ) quarter and if I...

I Went From 'Why Do I Own AT&T?' to 'Wow, Am I Glad I Own AT&T'

I Went From 'Why Do I Own AT&T?' to 'Wow, Am I Glad I Own AT&T'

This could be the last chance to add before the stock finally moves into its next technical phase.

Reduce/Sell Verizon

* Weaker than expected quarter reported * The loss of post paid subscribers is disturbing  I didn't like Verizon's quarter and if I was long I would now consider reducing/selling as my price target would be reduced from $60-$62 to $58-$60.  Verizon'...

Minding Mr. Market

* The decline in speculative stocks has been historic and broad-based - something I have been expecting for months * I remain bearish on the overall outlook for equities   Yesterday's market was brutal and broad-based to the downside:  * The specula...

Rampant Virus, Geopolitical Conflicts, Semi and Bank Stocks, Apple, Netflix, Ark

Rampant Virus, Geopolitical Conflicts, Semi and Bank Stocks, Apple, Netflix, Ark

Financial markets are telling us something, so it seems.

T-Mobile's Charts Are About to Ring Dollar Signs

T-Mobile's Charts Are About to Ring Dollar Signs

Here's our latest technical analysis and trading strategy on TMUS.

Kass: On the Market's Stairway to Heaven, Headwinds Abound

Kass: On the Market's Stairway to Heaven, Headwinds Abound

You can rock on for now while the music is still playing, but be prepared for the inevitable 'out of the blue' sour note.

Jim Cramer: The Market Likes That There Are No Surprises From President Biden

Jim Cramer: The Market Likes That There Are No Surprises From President Biden

I don't think President Biden pays much attention to the stock market at all.

The Market's Stairway to Heaven

* Like Led Zeppelin's iconic and mystical 1971 song, the market's advance has become almost an imbedded religious experience now * Buy the classics - the classic laggards (like ViacomCBS, Discovery and Amazon) * Rock on for now while the music is st...

Minding Mr. Market -- a Good Day for the Laggards

* Another win for the bulls   Though I remain negative on the major Indexes, I thought the market did an exceptional job of keeping the outsized gains of the last few trading sessions today.   * Market breadth was about 5-3 positive as measured by t...

Looking at Laggards

* On the long side  While I find few stocks that meet my standard for selection (long) at current prices, here are some ideas:  * Amazon appears to have successfully moved above an important technical milestone at he price of $3100. The company's #s...

Some Trading and Investing Ideas

* What to do now  I continue to like ViacomCBS and Discovery as long trade rentals.  I liked yesterday's pin action in Verizon , Walmart , and Twitter .  And I would invest in all three at current prices - on the long side.  I still like Schwab  and...

There Is No Market Leadership

* Slowly, but very surely, prior market leaders have crashed * At times, markets can churn when leadership is unclear or non existent * But, given current high valuations, a more ominous market outcome seems more likely * Consider "Uncle" Bob Farrel...

You Done Tore Out My Heart and Stomped That Sucker Flat

"You keep on stompin' And my heart is on the floor..." - Lewis Gizzard, You Done Tore Out My Heart and Stomped That Sucker Flat  In yesterday's opening missive, "The Market Is a Hard Dog to Keep Under the Porch," I argued that the U.S. stock market ...

Assessing the Damage

My Takeaways * The damage today was broad-based * I ended the day with a medium-sized net short exposure (down from very large at the beginning of the day) * Banks may have had a buying climax today * Tech (especially of a speculative-kind) remains ...

Verizon

Verizon getting jiggy.  

Recommended Reading - Let's Call Sarge!

Sarge has a very thoughtful column about Verizon that is a must read!   I share Sarge's optimism and agree with him on a possible valuation reset.  And I also share the reward vs. risk calculus.

Verizon: The Risk Is to the Upside

Verizon: The Risk Is to the Upside

There is potential to turn VZ from a stable telecom into a 'growthy' type name.

A Look at My Revised Book

A lot of activity today. A real lot. If you can't follow (which is understandable!) I am left with the following:  Longs: Verizon VZ, Bank of America , Citigroup , JPMorgan , Wells Fargo , , Shorts: Bonds, Homebuilders, Hilton , Hyatt , Twitter , Di...

Verizon Pops on Buffett Buying but Is the Strength Sustainable?

Verizon Pops on Buffett Buying but Is the Strength Sustainable?

I am open to a purchase of VZ but the charts have to show me a lot of improvement.

Does Warren Buffett's Verizon Buy Make Sense?

Does Warren Buffett's Verizon Buy Make Sense?

Upon hearing of Buffett's latest moves, I pulled up the charts. What I found was a little surprising.

Bitcoin Stampede, Buying Gold and Silver, Buffett's Stock Moves, Palantir

Bitcoin Stampede, Buying Gold and Silver, Buffett's Stock Moves, Palantir

The acceptance by corporate America and the rest of corporate earth certainly makes knocking bitcoin off of its pedestal more difficult.

Buffett and Berkshire Get Busy

* Verizon and Chevron purchased, banks and gold sold * None of these portfolio moves surprised me - but some might surprise the markets Warren Buffett pulled down his cash position a bit and got more busy in the latest reporting period.   Notably:  ...

Can You Hear Buffett Now?

"Just one more thing." -- Lt. Columbo Berkshire Hathaway has accumulated nearly 150 million shares of Verizon according to this afternoon's 13F filing. The shares are trading +$1.60/share or about +3% in the after hours. More tomorrow.