Verizon's Huge Day

(8min)

Summary

  • Verizon remains a buy for income, with the potential for capital appreciation if cash flow ramps up and leverage is reduced.
  • Q3 earnings report on October 22nd is critical; strong cash flow and leverage progress could drive the stock higher.
  • Our expectations for the revenue and cash flow print, if hit, can drive shares higher.
  • Don't forget about the pending acquisition.
  • What kind of investor do you want to be?
  • Looking for more investing ideas like this one? Get them exclusively at BAD BEAT Investing. Learn More »

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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