Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, September 10, 2021

Article Excerpt

VERIZON COMMUNICATIONS INC., $54.23, New York symbol VZ, is your #1 Income buy for 2021. This U.S. telecom is the second-largest provider of wireless communication (cellphone) services in the U.S. after AT&T, with 121.33 million subscribers (consumers and businesses) as of June 30, 2021. The company is also a leading seller of traditional landline telephone access, along with Internet and TV services. In all, it has 20.1 million wireline customers. Verizon will raise your quarterly dividend with the November 2021 payment by 2.0%, to $0.64 a share from $0.6275. The new annual rate of $2.56 yields a high 4.7%. The company has now increased its dividend each year for the past 15 years. Verizon is your #1 Income buy for 2021. Verizon recent coverage: August 2021 issue Hotline for May 7, 2021 PAYPAL HOLDINGS INC., $284.32, Nasdaq symbol PYPL, remains a buy for aggressive investors. The company lets investors tap the fast-growing field of online transaction processing, including purchases made through the auction websites of…