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Verizon Communications Inc. Message Board

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  • tobypharma tobypharma Oct 18, 2012 12:39 PM Flag

    CRAMER, in his way, WARNED you to SELL yesterday. He KNOWS P/Es are to high!

    Forward PE of 16 is not high for a company growing like VZ. They can reduce their capital spend anytime they want to pump up earnings 4 or 5 Billion. It is a cash generation machine with a good divvy. Buy and hold for 5 yrs and you will be rewarded.

    Sentiment: Strong Buy

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    • So, you think a stock that reports, goes up from 44.72 yesterday to around 46.50, is a bad investment? It only went back down to $46.00 because of the Google debacle.

      Ebay has huge short interest, and it has followed its own path of swinging up and down, but mostly up. So much for your theory. Neither are tech stocks, by the way.

 
VZ
51.02-0.67(-1.30%)Apr 28 4:02 PMEDT