IB Net Payout Yields Model

Verizon: Don't Get Too Negative

Verizon reported in-line Q1 numbers that provided limited catalysts for a stock rebound.
The net customer numbers in wireless and FiOS support that the prime business segment is reaching peak levels.
The stock becomes attractive on further dips as the P/E multiple and dividend yield offer solid support.
My investment thesis starting toward the end of March was that Verizon Communications (NYSE:VZ) likely would trade weak for a period of time. The combination of the big rally from $44 to $54 in a few months and the bidding process for Yahoo (NASDAQ:YHOO) weren't agreeable to higher stock prices. The recent union strike only added fuel to the pullback while the following strategies for growth are going to take time.
 Read the full article on Seeking Alpha.

 Disclosure: No positions mentioned. Please read the disclaimer page for more details.


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