Could test 55.23 Before a long run starts!Hi Guys how are you? This is just a little idea bout Verizon VZ. Amazing company, such a low P/E because it nobody likes it but I would not be afraid of getting some shares here.
VZ trade ideas
VERIZON VZ : DETAILED FUNDAMENTAL ANALYSIS | SHORT VIEW ⭐️Despite the fact that VZ stock has consistently lagged behind the S&P 500, it is still a stock of interest to income-oriented investors because of its dividend yield. Nonetheless, if 5G wireless services once again lead to revenue and earnings growth, Verizon stock could become much more attractive.
The problem is that competition in the 5G wireless market is foreseen to strengthen. T-Mobile US's acquisition of Sprint has formed a more robust contender for Verizon Communications and AT&T. T-Mobile owns the most radio spectrum for 5G wireless services.
Moreover, AT&T lately decided to merge its WarnerMedia division with Discovery. As a result, a reduced AT&T is assumed to have more funds to invest in 5G wireless technology and fiber services.
VZ on May 3 sold 90 percent of its media and advertising business to Apollo Global Management for $5 billion. The deal is planned to conclude by the end of this year.
Besides, Verizon stock was the top bidder in the recent state auction of the mid-band radio spectrum. Verizon spent $53 billion, including incentive payments to satellite operators and clearing costs. This spending will postpone the VZ stock buyback for several years.
At its March 10 investor day, Verizon said it expects revenue growth of 4% or more in 2024 as the company expands 5G wireless services. The company forecasts revenue growth of 2 percent in 2021, the same as its previous forecast. The company says that growth will increase to 3% in 2022 and 2023.
Now that Verizon owns enough 5G midrange spectrum, network development will be pivotal. Verizon plans to reach 175 million users by the end of 2022 with 5G services based on a medium-frequency spectrum that delivers faster data speeds.
Also, Verizon stated that 5G mobile services will lead more consumers to switch to unlimited monthly plans. Currently, 61 percent of subscribers have unlimited data plans, up from 40 percent three years ago.
Verizon also told analysts that it plans to use a 5G mid-band spectrum to provide fixed broadband services in homes. Currently, cable TV companies dominate residential broadband.
The telecom company said its fixed broadband service will reach 30 million homes by the end of 2023.
The management awaits 5G business services to expand next year. The company is investing in "mobile computing centers" that provide private 5G business services.
The telecommunications company plans to spend another $10 billion over the next three years to build a 5G wireless network infrastructure. That's about $3.3 billion a year. That's in addition to the $18 billion a year the company already spends to maintain its entire network. Some of that money is already earmarked for 5G.
Verizon and rival telecommunications company AT&T are seen as defensive stocks because of their high dividends. Verizon stock, a component of the Dow, pays a 4.6 percent dividend.
Verizon has less debt than AT&T, which acquired media giant Time Warner and previously satellite TV company DirecTV. Although Verizon has avoided major acquisitions, its attempt to enter the media business by acquiring AOL and Yahoo was ultimately a failure. In 2018, the company wrote off the value of its media business, called Oath, to the tune of $4.6 billion.
New York-based Verizon has partnered with Walt Disney on streaming video. In August, Disney and Verizon expanded their streaming partnership to include Hulu and ESPN+. Verizon is also partnering with Apple Music and sports leagues.
Verizon is much more exposed to the U.S. wireless market than rival telecommunications company AT&T. Verizon derives nearly 85% of its adjusted profits from its wireless business.
The company has reduced debt since it bought Vodafone Group's 45% stake in the wireless joint venture for $130 billion in early 2014.
In addition, the company has new senior management. CEO Hans Vestberg was CEO of network equipment maker Ericsson before joining Verizon. Vestberg and Chief Strategy Officer Rima Qureshi, also an Ericsson veteran, joined Verizon five years ago.
Ronan Dunne, Verizon's head of consumer business, was previously CEO of the U.K. wireless company O2. He joined Verizon in 2016.
To be sure, revenue growth remains an issue. Verizon's long-term problem is that the U.S. wireless market is oversaturated.
Many consumers are putting off upgrading to new smartphones. In addition, data-intensive mobile video isn't generating much revenue.
For the March quarter, Verizon reported earnings of $1.31 per adjusted share, excluding items. Revenue rose 4 percent to $32.9 billion.
Last year, Verizon earned $1.26 per share on revenue of $31.6 billion. Analysts had projected Verizon earnings of $1.29 per share on revenue of $32.47 billion.
Wireless revenue rose 2.4 percent to $16.7 billion. Verizon said it lost 178,000 postpaid wireless subscribers against analysts' forecast of 198,000.
Analysts expect wireless subscriber growth to resume in the June quarter.
For 2021, Verizon expects adjusted earnings per share in the range of $5 to $5.15 per share. The company expects total revenue growth to be at least 2 percent, including wireless revenue growth of at least 3 percent.
VZ VolatileSMI is low. overall price is in consolidation due to a long run of decent earnings. Could make decent 3-7 dollar play here. Good R:R off of wedge.
$VZ with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VZ after a Positive over reaction following its earnings release placing the stock in drift B
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MATRIX portfolio VZ/USD : Smart-money levelNo description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
A short term play but also slow mover.This is just a little Idea from a stock I really like. The only thing is that there is so much volatility coming. Something weird for this stock which is also a slow mover... Let's see what happens...
VZ low risk swing tradeNYSE:VZ Verizon spiked down this morning to a 50% level. It is worth a small risk trade to play back up the dividend catalyst dip from last week.
2 stocks with very attractive dividendsIf you’re a buy and hold trader, it is essential to have reliable stocks in your portfolio, not subject to high volatility and, above all, stocks that pay real dividends.
The dividend is that portion of a company’s earnings that is distributed to its shareholders, usually on an annual basis.
The first stock we're going to be talking about today is AT&T, an entertainment, technology and telecommunications conglomerate with a long history of paying dividends.
The company has also recently entered the streaming sector, with the launch of AT&T TV, which is achieving excellent results after only a year from its launch.
The dividend is very attractive, at $ 2.08 or 6.83% of the current price.
The second stock is Verizon Communications. It is the best company in the United States in terms of positioning in the sector of 5G, the new mobile network technology that changing the world as we speak.
This guarantees solidity for the stock, as 5G will become an essential service.
The dividend is also very attractive, at $ 2.51, which is 4.31% of the current price.
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As you can see in the image, with my platform i can trade these stocks on excellent conditions, and thanks to the leverage effect, i can buy many shares with a very low cash margin and of course i can collect dividends.
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VZ Long price broke out of a double bottom pattern, with a break of the neck line. look for a entry on the retest of the neck line break. That area turned in to new support.
Inverse Head and ShouldersIt looks like VZ has formed an inverse Head and Shoulders.
The right shoulder is a bit higher than the left which can be bullish.
Possible stop under 54.45
It does seem like the old tried and true stocks that pay dividends are doing well right now in these dismal market conditions
Not a recommendation.
Long entry is a break of the neckline with an uptrend, keeping in mind that the neckline is resistance in this case, but is support if price breaks through.
This seems like a boring trade to many..lol. But the dividend is good and most probably consider it defensive. It is not a rocket stock. But it is not super volatile either.
Sometimes the trade you hate the most, can pay off in the long run.
