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Technology Stocks : Verizon Communications (VZ)
VZ 44.10-2.0%Sep 17 3:59 PM EDT
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To: Ms. Baby Boomer who wrote (2030)8/16/2023 2:55:20 PM
From: nicewatch  Read Replies (1) of 2063
 
I guess time will tell. A retest of 52wk lows doesn't seem that silly to me but to get to 28s or lower this year might take a much weaker overall market and some more negative news about leaded pipe removal or whatever the next negative exogenous surprise is. Moreover, by the time it gets there, plenty of stories will pop up about "blue chip" VZ trading at 15-20 year lows. I still think it's a value trap, and not for me but wish you all the best chasing that yield.
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