Verizon: Ignore The Noise, Buy The Dip

peshkov Verizon (NYSE:VZ)’s shares dropped 6% after the telecom submitted its earnings sheet for the second-quarter on Monday, mainly because Verizon missed revenue targets. However, Verizon saw solid growth in its wireless business, acquired a ton of new subscribers in broadband and generated very solid dividend coverage. Shares of Verizon are currently trading at a 12% earnings yield, implying a high safety margin for investors. In my opinion, Verizon’s dip after Q2 earnings creates a new engagement o ...