I would not buy the Verizon stock because it is trading at its weekly high: 37.19. In 52 weeks the price went up from 25.99 to 37.70, this is a high rise therefore you can assume that it has reached its peak since the range is from37.07 - 37.26. It is expected that the stock will go down along with the price so it is better to wait in order to make a more profitable purchase. In addition the news say that Verizon is considered to be the lowest at EV/EBITDA. "EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be."(zacks.com) This gives only more reason to not purchase this stock.
- Range 37.07 - 37.26
- 52 week 25.99 - 37.70
- Open 37.11
- Vol / Avg. 10.94M/17.82M
- Mkt cap 104.10B
- P/E 41.29
- Div/yield 0.49/5.24
- EPS 0.90
AT&T is fighting in holding their old costumers and keeping their new once since they are purchasing T-Mobile. Since it is still unknown how if AT&T is going to be successful it is better hold on purchasing the Verizon stock because it may not be very successful.
-Anzhelika M.
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