|Bid||54.10 x 1400|
|Ask||54.16 x 800|
|Day's Range||53.67 - 54.29|
|52 Week Range||48.84 - 62.22|
|Beta (5Y Monthly)||0.44|
|PE Ratio (TTM)||12.21|
|Forward Dividend & Yield||2.46 (4.55%)|
|Ex-Dividend Date||Apr. 09, 2020|
|1y Target Est||N/A|
If you want to find recession-proof stocks, look no further than the companies doing well amid the coronavirus pandemic. Because Microsoft (NASDAQ: MSFT) delivers compelling products to both business-to-business (B2B) and consumer markets, the tech giant is well-positioned to weather an economic downturn. Microsoft's Windows and Office products are ubiquitous, but that's just one of its strengths.
BlueJeans' products complement Verizon's (VZ) mobile-first business solutions like One Talk and will be integrated into the wireless carrier's 5G product roadmap.
Let's look at three high-yield stocks that are part of the broader technology space that investors might want to buy now amid continued coronavirus uncertainty...
When Verizon (which owns this publication) announced it was buying video conferencing company BlueJeans for around $500 million last month, you probably thought it was going take awhile to bake, but the companies announced today that they have closed the deal. While it's crystal clear that video conferencing is a hot item during the pandemic, all sides maintained that this deal was about much more than the short-term requirements of COVID-19. In fact, Verizon saw an enterprise-grade video conferencing platform that would fit nicely into its 5G strategy around things like telemedicine and online learning.
Investors who are looking for good dividend stocks don't have to forgo the possibility of earning capital appreciation along the way. While many dividend stocks may sometimes offer mediocre returns, some have real potential. Eli Lilly (NYSE: LLY) is up 20% since the start of 2020, as the drug manufacturer's been a stable buy during a very volatile year thus far.
To date, Verizon is one of only three companies that has constructed a 5G nationwide wireless network within the U.S. Analysts anticipate high demand for 5G, and each company has spent tens of billions in capital expenditures on this undertaking. Verizon is staking its future on 5G. This strategy is wrought with uncertainty and has left AT&T with a debt level significantly higher than that of Verizon ($154 billion versus $117 billion).
Responding to the COVID-19 situation, 774 broadband and telephone service providers have agreed to extend their Keep Americans Connected Pledge through the end of June.
Verizon Communications (NYSE: VZ) demonstrated why it's a reliable investment even during unpredictable times when it reported first-quarter earnings in April. The coronavirus pandemic has shown that no company is immune from its impact, yet Verizon, as one of the largest companies in the U.S. telecommunications industry, proved more resilient than many. This news can bring peace of mind to investors, but beyond that, can Verizon provide significant returns?
Verizon's (VZ) 4G LTE network powers SiriusXM with 360L's streaming content by delivering in-vehicle access to SiriusXM's content in Audi models.
Shares of T-Mobile (NASDAQ: TMUS) surged late last week after the company reported its first-quarter earnings. Meanwhile, the company's service revenue, which is really the main driver for telecom profits, rose 5% in the quarter. While 7% postpaid service revenue growth doesn't sound like anything special when compared with other high-growth technology names, in the wireless industry during a pandemic, that growth is downright heroic.
The oil industry could take a lot longer to recover than the economy. Five experts weigh in on better investments for reliable dividends.
Let's check out three stocks that fit the bill: IBM (NYSE: IBM), Cisco (NASDAQ: CSCO), and Verizon (NYSE: VZ). It currently pays a forward yield of 5.3% and spent just 50% of its free cash flow (FCF) on dividend payments over the past 12 months -- which gives it plenty of room for future hikes.
The streaming-content movement will only get stronger because of the COVID-19 pandemic, Roku CFO Steve Louden tells Yahoo Finance.
YouTube TV is expanding its lineup of channels thanks to a new, multi-year distribution agreement with ViacomCBS, announced this morning. The Google-owned streaming TV service is gaining 14 new ViacomCBS channels as a result of the deal, including news, sports, and entertainment offerings. It will also continue to carry CBS broadcast stations, CBS Sports Network, Pop TV, Smithsonian Channel, and The CW.
Yahoo Finance speaks with T-Mobile's new president and CEO Mike Sievert about the company's latest quarter and road ahead.
In the early 2010s, Verizon's (NYSE: VZ) Verizon FiOS TV service was one of pay TV's biggest success stories. At a time when legacy pay TV products like cable and satellite subscriptions were suffering from the cord-cutting trend, Verizon's IPTV service seemed somehow immune. FiOS TV (which exists alongside Verizon's fiber-optic internet service, also branded as FiOS) was pay TV's fastest-growing service in 2010.
Verizon's (VZ) media unit collaborates with Ampersand to fortify audience-targeted advertisements across various digital platforms with its Fios and DSP services.
The Zacks Analyst Blog Highlights: Alibaba, Verizon Communications, Coca-Cola, Tesla and Charter Communications
Director of Fiscal Policy at the American Action Forum Gordon Gray joins Yahoo Finance’s Seana Smith to break down the April jobs report and how some workers are making more on unemployment compared to their wages before the coronavirus pandemic.