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Buy Verizon on Vodafone news?

Lawrence Lewitinn
Talking Numbers
Buy Verizon on Vodafone news?

Is Verizon a buy as it takes Vodafone's stake in Verizon Wireless?

Verizon shares traded lower today as the company buys out the 45% of Verizon Wireless owned by Vodafone. The $130 billion deal is the third largest in history of the industry.

But is it time to buy?

On CNBC's Closing Bell's Talking Numbers segment, First Asset Investment Management portfolio manager John Stephenson examines the fundamentals while Auerbach Grayson Global Technical Strategist Richard Ross looks at the charts.

Is Verizon a buy at the levels? Watch the video above to see Stephenson and Ross analyze the company.