Just did some research on VZ. Yup, I'm buying it. The first thing that attracted me was the dividend yeild. The current yeild is 4.88%. Not bad, eh? VZ's marketcap is the highest among its competitors. Also read part of CEO's interview @marketwatch.com. According to the CEO they are investing ab $2 billion on fiber optics and I quote the article:
>> And what is that vision? To build the nation's finest network, a mass of fiber-optic >>cable linked to 18 million homes by the end of 2010.
-source
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B299005D5%2D8B60%2D4B35%2D96F3%2D43DC8ED4CE3B%7D&siteid=mktw&dist= Bottom line-
Pro
The share price is just rising from its 52 week low. ( buy low, sell high)
Price fell by 25% in 2005
Low P/E- only 13.06
Good cash flow net income
Good dividend yeild 4.88% beats what banks are paying on savings.(highest APY = 4.80%)
The stock is a freaking bargain.
BUY BUY BUY BOOOO YEAHHHHHHHHHHHHHHH