Verizon Communications (VZ) is displaying strong momentum, led by factors such as its recent assertion as North America’s Largest Wireless Carrier and multiple analyst upgrades. The company also welcomed Coca-Cola Executive Jennifer Mann to its board of directors recently. On the transactional front, many companies have been offloading their VZ shares, while some are acquiring them. In the context of investment funds, Gabelli Funds LLC, Harvest Portfolios Group Inc., and OMERS ADMINISTRATION Corp, among others, decreased holdings while Truvestments Capital and B. Metzler seel. Sohn & Co. AG among others are boosting their VZ holdings. For value investors, VZ appears to be a promising long-term stock due to the company's stability, relative undervaluation, and high yield. Verizon has also recently made notable increases in its global connectivity. With the announcement of new prepaid 5G plans, the company clearly aims to strengthen their position in the prepaid market segment catering to its customer's needs for robust and global connectivity. Lastly, earnings growth is expected soon, with the company already raising its adjusted EBITDA, adjusted EPS, and free cash flow guidance following strong Q2 performance.
Verizon Communications VZ News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 30 Aug 2025 22:55:23 GMT -
Rating 4
- Innovation 1
- Information 2
- Rumor -5
