Verizon: Too Many Red Flags

Verizon (NYSE:VZ) is a dividend champion, has an ~$200 billion market cap, is a member of the Dow 30, and is currently trading at a favorable P/E ratio. But I still just can't pull the trigger on buying it. Usually, I am a sucker for a high-yielding mega-cap trading at a low P/E (especially considering some of the valuations out there now), but Verizon just has too many red flags to buy at the moment.

Current Metrics

While I was writing "Resisting The Urge To Sell," Verizon's current P/E and seven-year average P/E caught my eye. At first glance, everything looks great:

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.