Jun. 4 at 6:54 PM
$VZ P/E back under 10 and dividend yield above 6.3%. This company rakes in the bacon and shares most of that bacon with its shareholders. Most of Verizon’s customers have been with them for years if not decades and they’re not leaving anytime soon. Verizon has been, still is, and will continue to be the flagship option for cellular service for many years to come. As others have pointed out, the MMs are just trying to scare retail investors into relinquishing cheap shares before the price is taken to levels that minimally reflect what this business is worth. Get you some cheap shares of this long-standing, household name, stalwart of a cash cow while you still can. Also, not least of all, Verizon, having increased its annual dividend for 22 CONSECUTIVE YEARS, is a mere 3 years away from Dividend Aristocratoship - a club so exclusive it has only 69 members. In this market rife with overpriced trash, NOBODY is selling you a better business for a better price than Verizon.
