Verizon: Poised To Break Out (Technical Analysis)

Mihaela Rosu Thesis The thesis of this article is very simple. I will argue that Verizon Communications Inc. (NYSE:VZ) is now well poised to break a multi-year downward trend. The argument will be supported by both fundamental and technical analyses. Fundamentally, the stock presents a compelling investment opportunity under current conditions combining excellent value (with an attractive FWD P/E ratio of only 8.7x), growth potential, and a generous dividend yield that adds extra protection to the inves ...