Savvy Trades and Investments

[SSKILLZ1]

VZ

VZ $39.97 Brought VZ at $39.99 yesterday. This is clearly a place to put cash and not get rich so to speak.

1) Pays a nice dividend of 6.8%, so you get paid while you wait. So that is a huge plus here.

2) I think VZ Could get a multiple of 10 going foward, I think they will earn about $4.75-4.80 next year hence I see FV in the upper 40's over the next year.

3) What I like is analyst estimates are starting to show y/y growth now in q4 and I do expect fy 25 to be a year of growth (albeit it slow growth, but that should get the stock to a 10 mutiple. I like when comps start turning positive and I believe that will happen in q4 and beyond. Time will tell.

Conclusion: Not my most exciting pick, but also not alot of risk in my opinion under $40. I could see a 25% return over the next year, but doubt there is much downside on the stock price where I brought it, and you at least get paid nicely at almost 7% while you wait. Will buy more on weakness. All is just my opinion, and I could always be wrong though.