Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 7.91% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $6.95 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Verizon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Verizon is bullish.
The RSI indicator is at 58.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
Verizon and IBM Will Partner on 5G and AI
Thu, 16 Jul 2020 21:36:00 +0000
Verizon (NYSE: VZ) and IBM (NYSE: IBM) announced on Wednesday an extensive new partnership that would focus on a host of forward-looking technology, including 5G, edge computing, and artificial intelligence (AI). The companies plan to use Verizon's high-speed, low-latency wireless 5G network, multi-access edge computing (MEC) capabilities, and Internet of Things (IoT) devices and sensors, and combine them with IBM's expertise in AI, hybrid multicloud, edge computing, asset management, and connected operations. IBM and Verizon will also work to develop combined solutions for 5G and edge computing such as near-real-time cognitive automation for industrial applications.
Individual Investors Stick With Stocks Amid Rising Anxiety
Thu, 16 Jul 2020 20:32:07 +0000
Investopedia readers are more cautious than they were in May, with the majority fearing a market downturn in the next 3 months. Despite this, most are sticking with the stocks they’ve owned all year.
'China’s goal is to replace you': Barr warns leaders of America's biggest businesses
Thu, 16 Jul 2020 20:23:55 +0000
U.S. Attorney General Bill Barr delivered a blistering critique of the Chinese Government Thursday and singled out U.S. business leaders as complicit in the country's rise.
Speaking at the Gerald R. Ford Presidential Museum in Grand Rapids, Michigan, he pointed to tech companies like Apple (AAPL) and Cisco (CSCO), as well as Disney (DIS) as examples of American firms "bowing to Beijing."
Verizon makes the grade (again) and helps students learn and save with the best tech deals
Thu, 16 Jul 2020 13:00:10 +0000
BASKING RIDGE, N.J., July 16, 2020 — Whether your kids are heading back to the classroom or learning from the dining room table, they’re going to need the best devices on.
IBM and Verizon Business to Collaborate on 5G and AI Solutions at the Enterprise Edge
Thu, 16 Jul 2020 12:30:00 +0000
Verizon Business (NYSE: VZ) and IBM (NYSE: IBM) today announced they are entering into a collaboration to work together on 5G and edge computing innovation to help enable the future of Industry 4.0. The companies plan to collaborate on solutions combining the high speed and low latency of Verizon's 5G and Multi-access Edge Compute (MEC) capabilities, IoT devices and sensors at the edge, and IBM's expertise in AI, hybrid multicloud, edge computing, asset management and connected operations.
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