Telecom exposure pays off for ETF investors

Telecommunications form an integral part of the economic infrastructure. Moreover, existing players benefit from strict licensing standards and high capital requirements that act as barriers to entry for any new companies. In addition, many of the major telecommunication companies have strong cash flows, high levels… Read More

We agree with Elliott on these two

Activist investor Elliott Investment Management is now targeting two firms it feels could boost shareholder value with asset sales or spinoffs. We agree with its proposals, and see both stocks as attractive buys.
CROWN CASTLE INTERNATIONAL CORP. $117 is a buy. The company (New York symbol CCI; Manufacturing… Read More

Enjoy 7.8% yield from Verizon

Enjoy 7.8% yield from Verizon

Verizon continues to update its network. That’s helping it sign up new users, which should support the high dividend yield.

Meanwhile, the company continues to hold its own as lower demand for new smartphones reduced revenues and earnings in the most recent quarter.

The stock trades at… Read More

This dividend looks safe

VERIZON COMMUNICATIONS INC. $34 is still your #1 Income Buy for 2023. The telecom provider (New York symbol VZ; Income Portfolio, Utilities sector, Shares outstanding: 4.2 billion; Market cap: $142.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 7.8%; TSINetwork Rating: Average; www.verizon.com) is the second-largest wireless carrier in the… Read More

This high yield looks sustainable

VERIZON COMMUNICATIONS INC. $32 is a buy. The company (New York symbol VZ; Income-Growth Portfolio, Utilities sector, Shares outstanding: 4.2 billion; Market cap: $134.4 billion; Dividend yield: 8.3%; Dividend Sustainability Rating: Highest; www.verizon.com) is the second-largest wireless carrier in the U.S. after AT&T, with 143.2 million subscribers (consumers and… Read More

Verizon’s dividend still looks safe

Shares of Verizon are down 17% since the start of 2023, mainly because income-seeking investors are shifting to bonds, which offer similar yields. The possibility that the company will have to replace those old telephone lines with lead sheathing have also hurt the stock. However,… Read More