3 Stocks I Sold Last Week

Company Overview - Verizon Communications has been a significant player in the telecommunications sector, initially attracting investment due to its high dividend yield and perceived stability in an all-weather industry [4][5]. - The company has 146.7 million wireless retail connections, making it the highest-yielding stock in the Dow Jones Industrial Average [8]. Financial Performance - Verizon's revenue growth has been stagnant, with no annual growth exceeding 6% for 16 consecutive years and failing to achieve 3% growth in the last four years [6]. - Analysts project a modest revenue growth of 4% for the current year, with expectations of falling below 2% growth in the subsequent four years [6]. Stock Performance - Despite the lackluster financial performance, Verizon's stock has increased by 25% this year, outperforming the market, which has seen a 1% decline [7]. - The dividend yield has decreased from 7% at the start of 2026 to 5.6% currently, indicating a shift in investor sentiment [7].