Slight pullback short term, but its still up from its lows. P/E just under 11. I like it because while people think of it as merely a "telephone company", its also a nice way to play the growth of mobile. And, of course, a fairly decent dividend: 4.3%. (I already own some, bought it mainly for the dividend).
This is not meant to be a recommendation to buy or sell any stock-- just as a possible starting point for discussion.
Why Verizon Communications (VZ) Stock Is Lower Today
NEW YORK ( TheStreet ) -- Shares of Verizon Communications ( VZ _ ) are down -0.48% to $48.97 after the German government said it will replace Verizon next year with Deutsche Telekom ( DTEGY _ ) as a network provider after deciding to end the U.S. company's contract following reports about spy surveillance by the U.S., Bloomberg reports.
Deutsche Telekom stock is slightly higher this morning.
Sounds negative, but might not be all that bad in the long run.
TheStreet Ratings team rates VERIZON COMMUNICATIONS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate VERIZON COMMUNICATIONS INC (VZ) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."
Highlights from the analysis by TheStreet Ratings Team goes as follows: --> (Link)
Well I can tell you that Verizon had a bad week. Their issues with their billing system being down caused a lot of havoc for folks, me included. Upgraded phones, but couldn't activate them for two days. My wife was leaving on a 7 hour trip down to see her sister, and had to stop for an hour at the Verizon store first, because we were halfway through activating them when the whole problem arose, screwed up all our phones for a couple of days. I had to borrow an old beeper from the fire dept. to take call.
Besides that, the NSA thing, and hacking in general, are giving Verizon fits. That being said, I don't know how much more competitive things would need to get before the other service providers catch-up with Verizon's infrastructure.
I mostly buy long, so thanks for the tip on dividends.
I've been building up on air products companies lately. We're running out of Helium and only a few companies own part of the stock supply. So far I've gotten a decent return on that.
I mostly buy long, so thanks for the tip on dividends.
I've been building up on air products companies lately. We're running out of Helium and only a few companies own part of the stock supply. So far I've gotten a decent return on that.
Apparently there's also money to be made in sand, lol
Emerge Energy Services LP acquires, owns, operates, and develops a portfolio of energy service assets in the United States. The company operates in two segments, Sand and Fuel. The Sand segment is involved in the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. The Fuel segment operates 2 terminals and 2 transmix processing facilities located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. This segment is also engaged in the sale of wholesale petroleum products; provision of third-party terminaling services; blending of renewable fuels; and provision of reclamation services, such as tank cleaning services, as well as other complementary products and services. Emerge Energy Services LP was founded in 2012 and is headquartered in Southlake, Texas.
Sand that meets certain requirements (its used in fracking-- another way to play the current energy boom). Stock pays a 4.6% dividend. Good tax advantages as its an MLP*. Up today-- might be up more tomorrow. 5 Day chart:
One year:
Has had a big move. More upside? Maybe. Forward P/E estimate: 18.4. PEG estimate: 0.89.
I think i''ll take 30,000 shares on Margin!... ...If your advice doesn't work....i'll just file BK and lay the ass hosing on Charles Schwab!
I'm not advising anything-- just trying to start an interesting discussion
BTW, a long time ago I took a one evening course in day trading. Not for me. But if memory serves-- that's how they make their money-- borrow huge amounts of money on margin, because there is zero interest if you pay it back the next day. (This only works if your stock goes up-- otherwise they take off their coat and ties and break your kneecaps!)
RSI(Relative Strength Index) is 46.0 slightly over sold, with the other data you presented it could be a buy, but the price is still above both the 50 & 200 Day MA's(Moving averages). Both averages are still showing and upward trend. If I were buying VZ I'd wait a little bit.
Besides that, the NSA thing, and hacking in general, are giving Verizon fits. That being said, I don't know how much more competitive things would need to get before the other service providers catch-up with Verizon's infrastructure.
There have been a few news items re: VZ lately-- all somewhat negative. And that what makes stock picking so difficult-- deciding whether or not those negative will be outweighed by the positives-- or not.
Another perhaps even more extreme example is General Motors. The first recall announcement was no big deal. But the it seems there are more and more problems-- including a very negative culture of lack of responsibility in the company.
Major corporations are surprisingly resilient-- but there is a limit to bad news.
I like VZ, (I do own a little). Eventually I will probably buy a little more, but I do agree-- the may be more downside than upside from here, so it probably pays to wait. (Of course you never know-- and the market seems to be stuck in a very bullish mode).
If it doesn't run up too much tomorrow, KMP is probably a better buy here. There's a good chance KMP as well as EMES might have a very good day tomorrow.
There's a good chance KMP as well as EMES might have a very good day tomorrow.
Well, it happened. Today is July 1st, here's 5 day chart-- so far, so good. (Although I'd thought that EMES would be up even more):
Oil has had a good move up, short-term based to a large degree on fears of supply interruption in Iraq. Strong possibility that ISIS gains will be checked--or slowed, so might be slight pullback in oil for a few days, buying opportunity?
Sounds negative, but might not be all that bad in the long run.
Well I can tell you that Verizon had a bad week. Their issues with their billing system being down caused a lot of havoc for folks, me included. Upgraded phones, but couldn't activate them for two days. My wife was leaving on a 7 hour trip down to see her sister, and had to stop for an hour at the Verizon store first, because we were halfway through activating them when the whole problem arose, screwed up all our phones for a couple of days. I had to borrow an old beeper from the fire dept. to take call.
Besides that, the NSA thing, and hacking in general, are giving Verizon fits. That being said, I don't know how much more competitive things would need to get before the other service providers catch-up with Verizon's infrastructure.
I mostly buy long, so thanks for the tip on dividends.
I've been building up on air products companies lately. We're running out of Helium and only a few companies own part of the stock supply. So far I've gotten a decent return on that.
Well, there's always AT&T (and that one pays 5.2%!)
Apparently there's also money to be made in sand, lol
Sand that meets certain requirements (its used in fracking-- another way to play the current energy boom). Stock pays a 4.6% dividend. Good tax advantages as its an MLP*. Up today-- might be up more tomorrow. 5 Day chart:
One year:
Has had a big move. More upside? Maybe. Forward P/E estimate: 18.4. PEG estimate: 0.89.
_________________________________________________________
* If you do buy MLP's, you need a good accountant. Also, don't put them in any sort of IRA. Probably the best known MLP is KMP:
I believe it paid over 7% before the spike at today's close.
I'm not advising anything-- just trying to start an interesting discussion
BTW, a long time ago I took a one evening course in day trading. Not for me. But if memory serves-- that's how they make their money-- borrow huge amounts of money on margin, because there is zero interest if you pay it back the next day. (This only works if your stock goes up-- otherwise they take off their coat and ties and break your kneecaps!)
RSI(Relative Strength Index) is 46.0 slightly over sold, with the other data you presented it could be a buy, but the price is still above both the 50 & 200 Day MA's(Moving averages). Both averages are still showing and upward trend. If I were buying VZ I'd wait a little bit.
There have been a few news items re: VZ lately-- all somewhat negative. And that what makes stock picking so difficult-- deciding whether or not those negative will be outweighed by the positives-- or not.
Another perhaps even more extreme example is General Motors. The first recall announcement was no big deal. But the it seems there are more and more problems-- including a very negative culture of lack of responsibility in the company.
Major corporations are surprisingly resilient-- but there is a limit to bad news.
(GM pays a 3.3% dividend.)
I like VZ, (I do own a little). Eventually I will probably buy a little more, but I do agree-- the may be more downside than upside from here, so it probably pays to wait. (Of course you never know-- and the market seems to be stuck in a very bullish mode).
If it doesn't run up too much tomorrow, KMP is probably a better buy here. There's a good chance KMP as well as EMES might have a very good day tomorrow.
Well, it happened. Today is July 1st, here's 5 day chart-- so far, so good. (Although I'd thought that EMES would be up even more):
Oil has had a good move up, short-term based to a large degree on fears of supply interruption in Iraq. Strong possibility that ISIS gains will be checked--or slowed, so might be slight pullback in oil for a few days, buying opportunity?