Verizon: Mixed Performance, Great Investment

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About: Verizon Communications Inc. (VZ)
by: D.M. Martins Research
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D.M. Martins Research
Long/short equity, value, contrarian, long-term horizon
Summary

Verizon's 4Q19 results were far from inspiring, but I was encouraged to see healthy growth in postpaid net adds and per-unit revenue in wireless.

Regardless of recent performance, when it comes to stock investing, I am a firm believer that one must think at the portfolio level.

I believe VZ will continue to be a defensive name that is worth owning in a diversified stock portfolio.

It wasn't necessarily a quarter to brag about.

On January 30, Verizon (VZ) reported 4Q19 results that were ill-received by investors, as shares have stayed largely in negative territory since earnings day