October 19 Earnings: Verizon Communications: Recovery Time
The company has been under immense pressure overcoming spectrum crunch and stiff competition in a saturated market.
Verizon's purchase of Yahoo!'s services will allow the company to boost its online offerings and penetrate a new market.
The company's new prepaid offering will aid revenue streams as well.
Weaknesses in the company is impact from Hurricane season with decreased services output.
A further weakness is the still saturated market with stiff competition forcing lower prices.
I believe the company's turnaround phase is in full effect and the company should report a solid beat.
I'm starting Verizon with a $52.50 PT for the post-earnings move.
Verizon's purchase of Yahoo!'s services will allow the company to boost its online offerings and penetrate a new market.
The company's new prepaid offering will aid revenue streams as well.
Weaknesses in the company is impact from Hurricane season with decreased services output.
A further weakness is the still saturated market with stiff competition forcing lower prices.
I believe the company's turnaround phase is in full effect and the company should report a solid beat.
I'm starting Verizon with a $52.50 PT for the post-earnings move.
Dagangan aktif
Partial taken at $51.00 to reduce market pressure.Dagangan aktif
Partial taken at open due to market downturn. Swing remains.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.