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Dr_Roboto

Verizon (VZ) - Buy the dip with 16% upside paying 4.66% dividend

Long
Verizon Communications Inc. (NYSE:VZ)  
Dr_Roboto  
NYSE:VZ   Verizon Communications Inc.
Trend Analysis Chart Patterns
6
1
trendanalysis chartpattern
Not the growth stock that it once was, but VZ has been in correction since Dec 2020. It has formed a tight falling wedge pattern while also finding support at 2009-2010 trend line. It has a maximum upside of almost 16%, but even more compelling is its 4.4% dividend yield.

4h
snapshot

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