With 5G, Verizon is in expansion mode to compete 30Million new homes.
So @forward P/E=17 , VZ share should be @72 (Hopefully in 2018)
Good Luck longs!
nalinakshi
⋅
what does it suggest?
simbha
⋅
@nalinakshi, Close above 50 on monthly looks very bullish. MACD histograms turning +ve. 2018 will be a nice rally to new highs driven by 5G expectations.
nalinakshi
⋅
@simbha, can you please suggest some best usa stocks to invest. two months back i bought ICHR around 18$ it reached 32$ now it is correcting, i donot know much about the stocks over there. sensata looks good.
Income Before Tax 20,986,000
Income Tax Expense 7,378,000
%= (7.4/21)100 = 35.23%
@20%, the Tax expense savings = 21*0.20 = 4.2
i.e Income Tax Expense 4,200,000
Tax reform savings = 3.1
Outstanding shares = 4B
EPS added after tax @20% = 3/4 = 0.75cents
Forward P/E @12 = (3.5+0.75)x12 = 51
With 5G, Verizon is in expansion mode to compete 30Million new homes.
So @forward P/E=17 , VZ share should be @72 (Hopefully in 2018)
Good Luck longs!