VZ –. Verizon Communications Inc, provides communication, information and entertainment worldwide.

VZ– Verizon Communications Inc

Fundamentals Previously closed at 56.10
Day’s high 56.95
Day’s low 55.63
P/E ratio 12.65
EPS 4.41

 

Analysts opinion Verizon announced today that it would buy Yahoo’s core business at $4.83 Billion in cash to expand its digital advertising and media business. Verizon had bought AOL last year for $4.4Billion, and the acquisition of Yahoo is expected to aid AOL’s internet business. Yahoo had quite a few bidders, including AT&T, Comcast, CBS, Alibaba etc. and Verizon outbid them, to close the biggest sale this year. Verizon, a traditional telecommunication company now has valuable digital properties, which provides a competitive edge. Also, the advertising base of Verizon is believed to increase by 200 million due to the deal. Analyst confidence meter, a proprietary algorithm of Stockal gives 45% positive rating based on analyst ratings.
Sentiments The sentiment index is 100% positive according to Stockal proprietary algorithm.
Social Media Pulse The stock has 100% higher social media chatter than usual.

 


Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/

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