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Verizon Dips On Q2, Time To Buy For Income
VZVerizon(VZ) Seeking Alpha·2024-07-22 14:37
Paper Boat Creative We reiterate our Buy rating on Verizon Communications Inc. (NYSE:VZ) shares today following the just-reported Q2 earnings. While we have had a buy rating on the stock since the low $30s, the stock has stalled out hitting the $40s. In our opinion, Q2 earnings were solid, and today's mini selloff creates a buying opportunity once again in the $30s. Let us discuss. Verizon Q2 results in context Markets have started an interesting rotation of late. As a telecom with a strong dividend yie ...