$29.56
0.25 (+0.85%)
Verizon Communications, Inc. (VZ)
CAPS Rating:
The Company is a provider of communications services. It has two reportable segments, Wireline and Domestic Wireless, which it operates and manages as strategic business units and organize by products and services.
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Verizon has really gotten their act together lately. They have no reason to be near a 52-week low. FiOS is huge and almost single-handedly responsible for the popularization of fiber optic technology. Fiber optic technology is increasing in popularity amongst those who need higher speed, and the prices are very decent as well. I believe that FiOS will continue to be a success moving forward, and they may pick up a few Sprint customers while Sprint implodes, too. They have been extremely aggressive in advertising of late and I think it will benefit them overall.