VZ –. Verizon Communications Inc, provides communication, information and entertainment worldwide.
VZ– Verizon Communications Inc
|Fundamentals||Previously closed at||56.10|
|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/