I bet there’s going to be a huge turnaround!
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You don’t need to be a failing EV company to be among the F-rated stocks. Sometimes blue-chip names find themselves in a deep enough hole to earn an F-rating. Verizon (NYSE:VZ) is living that nightmare now.
The problem for Verizon is that it’s carrying too much debt. As of June, it had $157.3 billion in debt – a number growing from a year ago (when it was $151.2 billion.
Yes, Verizon has plenty of cash at more than $4 billion. But the debt, brought on heavy spending on wireless spectrum licenses for its 5G connections, makes the company vulnerable.
It’s no wonder that VZ stock is down 15% this year – a huge number for any blue-chip stock when the market is in the black. VZ earnings in the second quarter were down 3% from a year ago at $32.6 billion, and its profit margin and operating income also dropped.
VZ stock has an “F” rating in the Portfolio Grader.
https://investorplace.com/market360/2023/08/7-f-rated-stocks-to-sell-in-august/
5G Home is trash.
Elevate, upscale, buzz words no substance, up, up, up and up.
Unfortunetly everything but our stock
Churn is up! Complaints are up! Offshoring is up! RIF’s are up!
Selling Netflix subscriptions at cost will save the company haha
Once Hans is gone...