Verizon stock fell 6.6% due to cautious guidance, but is still up 8% for the year.

From Nasdaq: 2025-03-11 16:58:01

Verizon stock (NYSE: VZ) fell 6.6% in Tuesday’s trading due to cautious guidance from the company. The telecom giant expects pressure on subscriber growth in the near term. Despite this, Verizon is still up 8% for the year. The company plans to surpass last year’s 900,000 net postpaid wireless subscriber additions, even with tough competition in the wireless market. With a P/E ratio of 9.3 and a 6.2% dividend yield, some see the recent stock drop as a buying opportunity for long-term investors seeking reliable dividend income.

In another news, an expert team of analysts is issuing “Double Down” stock recommendations for companies that they believe are about to see significant growth. Historical data shows substantial returns for companies like Nvidia, Apple, and Netflix if you had invested when the team issued their recommendations in the past. This could be a rare opportunity for investors to capitalize on potentially lucrative opportunities.



Read more at Nasdaq: Why Verizon Stock Sank Today