benmac29

VZ's buy signal

Long
NYSE:VZ   Verizon Communications Inc.
PE 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.
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