Verizon Communications
Published on Nov 24, 2015
Verizon Communitcations
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PRESENTATION OUTLINE
Verizon's corporate office is based at 140 West Street in Lower Manhattan, New York City, but the company is incorporated in Delaware.
On 6/16/2015, the closing price of one share of Verizon (VZ)'s stock was $47.42— up about 0.8% from Verizon's closing price on 6/15/2015.
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52-week progress chart of Verizon Communications (VZ-NYSE) Stock
VERIZON'S PRODUCT LINES
- Verizon Wireless
- Verizon FiOS (residential and small business Internet, television, and phone service using fiber optic cable)
- Verizon Enterprise Solutions (cloud-based platform that provides telecommunication services for wholesale, corporate, and government clients)
- Verizon Partner Program (for medium-sized businesses)
Photo by Robert Scoble
Verizon's shares have dipped considerably recently— a bit more than a year ago, shares were at $53.66, but yesterday's closing price was $47.42. Verizon's recent unexpected move to buy AOL grabbed attention worldwide, but Wall Street was underwhelmed. Verizon's recent attempt to build the right suite of assets has yet to make Verizon's share values react positively.
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I would not buy this stock, for its value has being going down recently. Although AT&T (T-NYSE)'s stock value is lower, its net margin and return on equity have consistently both been positives. If you're looking to invest in a telecommunications stock, AT&T is a smarter choice.
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