Thinking of trading VERIZON?
- 1. The last five years have been eventful for Verizon Communications. The company acquired 45% of Verizon Wireless that was not owned by Vodafone, and bought tech companies AOL and Yahoo. It's also tried to become more of a tech and media company than just a telecommunications giant, although it's had limited success outside of its core wireless business. The next five years will be similarly transformative but this time it'll focus on its core business, investing in faster wireless connections from 5G technology. 2. It benefits from steady subscriber income (it would not be easy for consumers to cancel their cell phone service), the stock pays a nice dividend, and the prohibitive cost to building out a nationwide mobile network makes it unlikely for a new competitor to enter the market.
Trading CFDs involves significant risk of loss
How would you like to trade VERIZON?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade VERIZON with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. UBS analyst lowered the Verizon ?s rating in May 2019, stating that the company's growth could slow down even if its 5G technology drove sales higher as it has been doubling down on its wireless network as Americans cut their TV cable cords en masse. 2. Due to the price of building a national network, Verizon finds itself in a lot of debt (currently almost $114 billion). Also, since the U.S. smartphone market is saturated, any growth the wireless network giant sees is slow and only comes at the expense of its existing competitors, often through costly price wars.
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