Thread regarding Verizon Communications Inc. layoffs

Analysts predict the continuation of good performance

I generally don't like articles about stock prices, much less compare the stock movement to the conditions at the company, but I found this one to be a good read. It underlines the reasons why Verizon’s stock hit the biggest value since it’s ultimate high in 1999 and analyses the factors that could impact the continuation of its growth. Normally I would consider this to be good news, but the only thing that goes through my head is all that we went through recently, and that a heavy price has been paid in cuts and reorgs to reach this position.

https://www.investopedia.com/news/resilient-verizon-testing-19year-resistance/

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Post ID: @OP+Wey5fUb

6 replies (most recent on top)

There is pessimism on this board. The stock hasn't done well in many years. The company hasn't been managed well. The investments have not done well, no proven track record. They are over 100 billion in debt. This year they received lower corporate tax rate. They have announced they are offering 44,000 managers a package to leave. That is why the stock is inching up, it is what stock holders like to hear.

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Post ID: @khn+Wey5fUb

Agreed. Vz is very calculated with decisions they make and they will continue to do well. I will watch and clap as my stock goes up with VSP in the bank working my next opportunity.

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Post ID: @rfg+Wey5fUb

There is a lot of pessimism on this board, and for good reason from some people. But the reality is that this company is positioned to do very well moving forward with Fios, 5g and oath. Let me explain, oath makes sense because Verizon is looking to extract advertisement dollars from google and facebook, fiber makes sense because it has unlimited bandwidth, and wireless or 5g is essentially a proxy to spread Fios without physically wiring locations unless its a wealthy town. The stock will rise, the company will continue to pay a dividend and people will be happy.

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Post ID: @ovi+Wey5fUb

Getting ready to dump oath

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Post ID: @czd+Wey5fUb

A little bump up. It will go down . Recession 2019. Many companies are preparing now.

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Post ID: @qqd+Wey5fUb

I agree with the OP 100%

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Post ID: @sjt+Wey5fUb

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