08-23-2021, 09:04 PM
(08-23-2021, 01:33 PM)Dividends from Scratch Wrote: I sold $VZ and realized a small loss. IMO it's a value trap. Spectrum getting more expensive, and obtaining frequencies is not a one-time event but an ongoing exercise. This means that debt will expand while margins shrink. As I'm prioritizing dividend growth, this is not for me.
vz is one of my larger holdings, mostly acts like a bond then does fairly decent when least expected or does better when the market is not so hot, imho
they own a decent amount of high quality 5G frequency that's not shared, the issue is they're really not using it either
this 5G no matter what company is deploying the tech is just starting--it's early in the game yet