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NYSE:VZ

Verizon Communications (VZ)

45.48
+0.11 (0.24%)
as of Jun 18, 2026, 11:28:10 pm Market Open.
77 watching
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DON'T BUY
A decent 4% yield though not a lot of growth. They are in a competitive industry that is interest rate sensitive. They’ve had good moves recently so he wouldn’t buy it here.
COMMENT

They used to own it, but they sold it for AT&T since Verizon did so well. He thinks VZ-N has more growth than AT&T. There will be growth from the Disney deal, though they probably won't have a monopoly. He doesn't see much more upside though.

COMMENT

VZ-N or T-N? VZ-N is a high-quality operator, especially in wireless. Their ROC is 5 times higher than the peer group. You can expect them to continue and are well positioned for 5G, which is beginning to roll out in the US already. This can take market share away from some of the cable companies. He still prefers AT&T (yield 5.4%) as they have more upside once they clear away their current operations inefficiencies. Yield 4.0%

WEAK BUY

U.S. telcos are still an oligopoly even with the Sprint merger. Still has attractive yield. They will probably participate in 5G which could incur high costs. Would probably buy AT&T instead for the content, higher yield, and diversification.

DON'T BUY
VZ vs T? He does not see telecom as being a great place right now. There is intense price competition. Wireless is a brutal space. He would suggest you look elsewhere.
COMMENT

Just announced lacklustre revenue growth and a marginal rise in earnings. Verizon has an upper-hand on AT&T right now. Concerned about the cost of installing 5G and the amount of revenue to come from it as well as the timeline to reap benefits. Their credit rating has also come under review.

COMMENT

Buy Verizon? At this point in the cycle, interests rates are getting quite low, generally getting a telco is an interesting idea and been recommending this for clients. Recently got out of Verizon and substituted into AT&T. Nothing wrong with Verizon, 5G, fiber-to-the-home, etc. everything is going to work, just thinks there is a better yield opportunity with AT&T. Also owns Deutsche Telekom to play the T-Mobile Sprint merger.

DON'T BUY
Stock itself has been bouncing along at 3.5x book value. Earnings forecasts have flatlined. Difficult to say that the stock's going anywhere. Decent yield of 4.23%. But if you're trying to make money via capital gains, what's to like?
BUY
vs. AT&T He owns Verizon instead where he'd rather be when 5G falls into place. Verizon is focussed on 5G. AT&T is not ready because they are distracted by merger talks. Switch to Verizon if you hold AT&T.
DON'T BUY
Verizon's stock performance has been very good. It has had a recent movement up on quarterly beats. However, concerned about the debt. It is very competitive in the US. US telco's are very different than Canadian telco's. He owns BCE.
TOP PICK
This is a defensive play. With 5G coming in, this should push revenues and earnings higher. He likes the telecom sector in a late economic cycle. Yield = 4.07% (Analysts’ price target is $59.67)
HOLD

BCE vs. Telus vs. Verizon He owns all three plus AT&T. Verizon is still the #1 network in the U.S. and still pays a great dividend. All three will continue to do a good job. If you own them, hold them.

DON'T BUY
He prefers Canadian telcos. VZ-N is better than T-N. Overtime you have not made money with VZ-N, other than holding for the dividend. Their new subscriber base is growing fast than expected, but cell rates are becoming incredibly competitive in the US. He would stay away. Yield 4.2%. (Analysts’ price target is $60.00)
BUY
This has taken a very different path from AT&T. VZ has only a little content, and instead focused on 5G and home internet for growth. They have a great internet and mobile business. They've invested a lot in putting fiber into the ground. This will continue to do well and is less risky than AT&T.
BUY
Question in general on Telcos. How do they compare? Telcos do well in an environment that is a little murkier. He doesn't see that now. He prefers it to AT&T as they have a better performance. He likes BCE in Canada for the dividend and owns Rogers.
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