VZ trade ideas
Verizon Communications earnings preview: limited growth ahead?Although Verizon remains the leader in the U.S. wireless market, T-Mobile and Sprint are undermining its duopoly with AT&T at the margin. Disruptive actions by these two smaller rivals--such as offering unlimited data plans--threaten to make overall industry economics less attractive and conflict with Verizon's core strategy of leading with network quality and monetizing increasing amounts of data traffic.
Although Verizon still benefits from a cost advantage over the smaller rivals and will still earn returns above its cost of capital, its ability to command premium pricing will decrease over time.
www.finstead.com
Looking for $54-$55 Soon!Indicators moving up. MACD turning up. Jump in for the (4.68% Dividend) Payable to shareholders of 7/9/2018. Going Green! LONG
VZ's buy signalPE ratio is 6 and some change lately for those of you who are not huge on PE ratios that could translate to 16% returns the PE ratio has either been negative because of no earnings or crazy high but in the last 6 years its been declining from 100 and now its at 6. That is cheap. The stock has a nearly 5% dividend and has been more guaranteed than cell phone service. The MACD is below 0 and appears to be getting ready to up swing. Also in case you missed it the company is releasing 5G which apparently will put 4G to shame. equity has began recover, revenues are increasing again. just make sure you dump this stock though before the last week of dec. The price is supposed to go up to 56 by the end of the year per the avg of the analysts. Also the stock is hitting its mean avg as you can see on the graph and head for the upper end again. Metro PCS has a much higher PE ratio even ATT has a higher ratio.
This is not investment advice. Please consult a professional or do the research yourself.
Is this breakout different for VZ ?Notes on chart.
Seasonality history , Nada for summer months. But 60 looks possible by EOY.
Let us see whether it is different this time.
ATT is not aggressive about 5G and struggling on TWX deal. VZ is aggressive about 5G and residential broadband services.
Sprint&TMUS deal likely reduce the competition due to consolidation and price wars.
Positive returns on Trump tax credits for 2018. Interest rates rise is negative.
Good news is no additional capex and also on track to cut 10B by 2021
www.wsj.com
Verizon Communications Inc. VZ 3.64% is planning to cut $10 billion in spending from its operations over the next four years, the company’s CEO told investors on Thursday.
VERIZON - Price picking upFrom the chart/technical analysis; we can see that the price is in between the 38.2% and 50% Fibinacci support levels which mean in a correction phase. Next price target will be around $49.39. Information from the Bollinger bands, Stochastic and the 50 EMA seems that an uptrend is starting to picking up. The company will issue it's first-quarter results on the of 24th April. That is when volatility comes in and the outcome is unknown. I'll keep an eye before taking any trades.
This is not an investment advice
Verizon to surprise on the upsideVerizon's April earnings report and the reversal of the recent market correction will be the catalysts to drive up the share price as analysts acknowledge these bullish variables:
- Future growth opportunities in 5G technology (a game-changer)
- Ongoing financial benefits of tax reform
- Net neutrality positive impact in telecom
VZ to surprise on upside!April's earning report will be the catalyst to drive up the stock price as analysts price-in the bullish fundamentals in Verizon's future:
- 5G game-changing future income growth
- ongoing tax relief benefits
- net neutrality growth effect
Not very sure about VerizonTouching SMA200 now, looking for support. If support holds, a trend channel has successfully been formed.
RSI making higher lows.
Positive MACD crossover
Price breakout from a negative formation around 49, but fell a little afterwards.
Waiting to get confirmation that SMA200 holds and trend channel is formed. Setting an alert at close price above 50. If price cross 50, I get in.
From www.marketwatch.com
Average Target Price: 55.50
Analysts Recommendations
BUY 7
OVERWEIGHT 0
HOLD 25
UNDERWEIGHT 0
SELL 0
Possible VZ Pennant Looking to see if VZ trades sideways on 2/16 to continue this pennant formation. IF we breakout I would look to place my entry at $50 slightly above 2/14 HOD wick.
Event Verizon Hi guys, I've had a Verizon phone for over 10 years but never looked at VZ. Boooolish! Keep away from your head when talking.
New Long Available on VZ after last trade hit TPAnother WK demand area created with 3M Demand in control. Previous trade posted hit profit target last week.
