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Verizon - VZ - Barchart Chart Of The Day

|Includes: Verizon Communications (VZ)

Barchart.coms Chart of the Day - Verizon Communications (NYSE:VZ)

Barchart Research Team - BC - Sat May 19, 6:02PM CDT

Related Stocks
VZ - Verizon Communications Inc.

Sym Last Chg Pct
VZ 41.53 +0.16 +0.39%

The "Chart of the Day" is Verizon Communications (VZ), which showed up on Friday's Barchart "52-week High" list. Verizon on Friday posted a new 2-year high and closed up 0.39%. TrendSpotter has been long since April 25 at 39.48. In recent news on the stock, Credit Suisse on May 11 upgraded Verizon to Outperform from Neutral and raised its price target to $45 on expectations for margin expansion. Verizon Communications, with a market cap of $117 billion, in the largest provider of wireline and wireless communications in the United States and is also the world's largest provider of print and on-line directory information.

How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 96% Buy

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