|Bid||37.880 x 7800|
|Ask||37.890 x 5400|
|Day's Range||37.780 - 38.065|
|52 Week Range||36.100 - 43.890|
|PE Ratio (TTM)||18.50|
|Dividend & Yield||1.96 (5.14%)|
|1y Target Est||N/A|
This important wireless infrastructure provider stands to gain from increasing demand for data.
Pacific Crest Securities The Wall Street Journal is reporting that Comcast and Charter Communications are in exclusive talks to explore a deal with Sprint. Additionally, we think that strategically, a wireless and cable partnership or all-out acquisition makes more sense than pure wireless mergers and acquisitions (M&A).
Verizon’s decline, though, offers a great deal for income investors. At current prices, VZ stock yields almost 5.1% and there are plenty of reasons to think organic stock growth could soon accompany that outsized payout. In the first quarter, Verizon reintroduced its unlimited plan — a move that has already proven to be a positive move for customer additions and loyalty.