Telecoms And Lead - The Next Big Lawsuit?

12:20pm, Tuesday, 18'th Jul 2023
Telecom stocks had a substantial negative impact on the back of potential concerns about leaded cables. Verizon Communications Inc. and AT&T Inc., two stocks which we recently recommended, were partic
Verizon (VZ) is expected to have recorded lower aggregate revenues year over year in the second quarter, despite healthy momentum in the core wireless business.
It's always darkest before the dawn.
Shares of Verizon Communications Inc. and AT&T Inc. were rising Tuesday and on track to snap losing streaks sustained in the wake of recent reporting about their legacy use of lead-sheathed cables.
With the market surging, investors might think that the best opportunities have passed them by. But don't fear, there are still many worthwhile undervalued stocks to buy today.
AT&T and Verizon stocks were in the green Tuesday even as uncertainty around the potential cost to clean up lead-covered cables loomed.
Verizon Falls To Decade Lows Creating A Possible Opportunity
VZ's stock is currently yielding 7.7% annually, and the firm has a long history of returning value to its shareholders in the form of dividends. Our updated valuation using multi-stage dividend discou
Markets were sharply higher on Monday. Telecom stocks were lower, however, as reports of lead-lined landline cables raised questions about potential liability.
Although the Dow Industrials, the Standard & Poor's 500 and the NASDAQ ended the day in the green, it's unusual to see big name brands refus

Why Verizon's Stock Plunged 7.5% Today

05:32pm, Monday, 17'th Jul 2023
"The Wall Street Journal" put out reports about lead in cables that Verizon may have put in the ground. Liability from lead contamination is now a new risk investors need to think about.
Verizon Communications Inc.'s stock has been under pressure in the wake of recent reporting on legacy lead-sheathed cables used within the telecommunications industry, and one analyst worries the stoc

3 Telecom Stocks To Watch In Mid-July 2023

01:57pm, Monday, 17'th Jul 2023
Telecom stocks to check out in the stock market this week.
Shares of Verizon Communications Inc. VZ, -4.64% were down 4.6% in morning trading Monday, changing hands at $32.46. The stock was on track for its lowest close since Dec. 1, 2010, when it finished at
Verizon stock fell sharply after a Wall Street Journal report revealed potential liabilities related to lead-sheathed cables. Weak VZ holders likely bailed out, anticipating more trouble for Verizon's
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