Verizon Communications (VZ) Dips More Than Broader Markets: What You Should Know

Verizon stock dipped 1.61% despite market gaining. Lagged behind S&P 500, Dow, and Nasdaq.
Verizon approaching next earnings. Expected to report declining earnings and revenue.
Recent estimate revisions generally positive sign for Verizon's business outlook.
Verizon currently has Zacks Rank #3 (Hold) and discounted forward P/E ratio.
Wireless National industry faces growth headwinds according to Zacks rankings. Verizon part of lower ranked group.

yahoo.com

Relevant topic timeline:

8/31/2023

Verizon: A Market Blind Spot With Yield Higher Than P/E (NYSE:VZ)

The article argues that the market's concern over Verizon's headwinds has created an undervaluation of the stock, as the company has stable profitability, a strong balance sheet, and projected growth in its wireless service.

9/5/2023

The Charles Schwab Corporation (SCHW) Dips More Than Broader Markets: What You Should Know

The Charles Schwab Corporation closed at $59.68, down 1.36% from the previous day, and is expected to report lower earnings and revenue in its upcoming release.

9/8/2023

Stocks End Down for the Week as Apple Recovers Some Losses, LNG Prices Jump on Australian Strikes

Summary: The Nasdaq and S&P 500 closed slightly higher on Friday after a week of losses, while the Dow Jones Industrial Average rose 0.2%; however, all three major indexes ended the week lower due to rising oil prices, stronger-than-expected labor market data, and China's iPhone ban.