Verizon Communications Inc.
New York symbol VZ, provides telephone services in 28 U.S. states. Through 55%-owned Verizon Wireless, a joint venture with UK-based Vodafone, it also provides wireless service in all 50 states.
Verizon continues to roll out its ultrafast 5G wireless networks. The extra speed these systems offer will help the company attract new users and drive up revenue as more devices connect to the Internet (called the “Internet of Things”). The higher earnings will also give Verizon more room to reward investors with dividend increases.
VERIZON COMMUNICATIONS INC....
VERIZON COMMUNICATIONS INC....
Telecommunications form an integral part of economic infrastructure. But at the same time, strict licensing standards and high capital requirements result in considerable barriers to entry for new rivals. Meanwhile, top telecommunication companies offer strong cash flow, attractive p/e’s, rising dividends and growth prospects.
Below we take a closer look at three ETFs that hold companies involved in the telecommunications industry....
Below we take a closer look at three ETFs that hold companies involved in the telecommunications industry....
IBM, $139.18, is still a buy. The stock (New York symbol IBM; Shares outstanding: 896.3 million; Market cap: $123.2 billion; TSINetwork Rating: Above Average; Yield: 4.7%) is one of the world’s largest computer companies, with operations in over 175 countries.
IBM paid $34 billion for Red Hat in July 2019....
IBM paid $34 billion for Red Hat in July 2019....
U.S. telecommunications giant Verizon recently sold its Internet media business as it shifts its focus to building out its ultrafast 5G wireless networks. Despite the high cost of these projects, the additional revenue and profits should let Verizon keep raising your dividend.
VERIZON COMMUNICATIONS INC....
VERIZON COMMUNICATIONS INC....
INTERNATIONAL BUSINESS MACHINES CORP. $142 is a buy. The company (New York symbol IBM, Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 893.5 million; Market cap: $126.9 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.ibm.com) paid $34 billion for Red Hat in July 2019....
Verizon is now selling its media businesses, primarily its popular websites like Yahoo, AOL and Huffington Post. They have struggled in the face of strong competition from Google and Facebook. The sale will let Verizon focus on expanding its main wireless and high-speed Internet services....
The top two telecom providers in the U.S. are now reversing their recent purchases of media companies. They plan to use the cash from those sales for new investments in 5G wireless networks. Focusing on their core businesses should make their dividends more sustainable.
AT&T INC....
AT&T INC....
We’ve singled out one stock from each of our three portfolios—Conservative, Aggressive and Income—as your top choices for new buying in 2021.
All three of these picks have held up well during the COVID-19 pandemic. They’re poised to move even higher as the rollout of new vaccines lets more parts of the economy re-open....
All three of these picks have held up well during the COVID-19 pandemic. They’re poised to move even higher as the rollout of new vaccines lets more parts of the economy re-open....
While some businesses—and especially “work-from-home” stocks like Zoom—have thrived during the pandemic, others continue to suffer. This includes airlines, hotels, movie theatres, automakers, oil and gas producers and many brick-and-mortar retailers.
Here’s a look at several ETFs that generally hold stocks that have underperformed in the past year, mostly due to COVID-19....
Here’s a look at several ETFs that generally hold stocks that have underperformed in the past year, mostly due to COVID-19....
Since Verizon took its current form 20 years ago, it has aggressively transformed itself from a traditional phone company to one of the world’s largest providers of wireless and Internet services. That’s paid off for dividend investors, now enjoying a high and sustainable 4.0% yield.
The company is rapidly expanding its ultrafast 5G wireless network to attract even more wireless users....
The company is rapidly expanding its ultrafast 5G wireless network to attract even more wireless users....