Verizon Communications (VZ) has recently experienced a surge in stock value, with several investment firms buying into the stock.
Allstate Corp and
Nomura Asset Management Co. Ltd have significantly increased their stake in VZ, highlighting investor confidence. However, TV personality
Jim Cramer recommended AT&T over VZ, sparking varied responses. The launches of GenAI Assistant and expansion of global IoT reach, along with strategic partnerships with Singtel and Skylo, show that VZ is keen on innovation.
TrueMark Investments LLC and NEOS Investment Management LLC are some of the entities that have invested in the telecom giant, while Prudential Financial Inc. and Blair William & Co. IL have sold a significant number of shares. Some setbacks included a pullback and a stock dip in certain market conditions, but many analysts suggest its micro and macro stock movement make it a strong contender among potential Roth IRA and 5G stocks. In addition, VZ's strong Q3 results show promising profitability in mobile customer growth.
Verizon Communications VZ News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 11:13:47 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor -2
