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T or VZ

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  1. The Worm The Worm is offline

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    Sep 13th, 2011 (9/13/2011 10:28pm)

    For the stock people out there. Which do you prefer long term, and when I say long term I mean as long as I am alive and they are paying a good yield, I will continue to own it. I have owned Verizon for a few years and have it set up in a DRIP as I do not need the dividends to live off of and I plan on retiring with that money. Its the only stock I own that I hold like that. I own a few other long term plays, DIS, EPD, MO, SIRI. Most of those I sell when they hit highs and have been trying to buy back in on the dips.

    I am dumping some more money on Verizon soon since it has come down a little and will buy more on any dip. The question is: Should I sell Verizon and dump it all into AT and T? Which one long term can sustain their yield? I am leaning toward VZ, but as of now T has a slightly higher yield.

    WWOTD?
  2. norcaljeff norcaljeff is offline 2010 OT Thread Kill Leader

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    Sep 13th, 2011 (9/13/2011 10:30pm) in reply to The Worm

    This isnt about hot chicks? Son, i am disappoint
  3. TMLMS13 TMLMS13 is offline

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    Sep 14th, 2011 (9/14/2011 12:23am) in reply to norcaljeff

    it took me a long time to realize this thread was about AT&T vs Verizon.

    Make better thread titles
  4. Niceguy Niceguy is offline I will find you.

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    Sep 14th, 2011 (9/14/2011 12:34am) in reply to TMLMS13

    Really you can type that long ass question but not ATT? Buy a bat and dip it into your temple.
  5. joeykukzMSU joeykukzMSU is offline

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    Sep 14th, 2011 (9/14/2011 12:48am) in reply to Niceguy

    vz by a country mile. the only reason at&t kept itself in the cell phone game was the iphone and with that spreading to other carriers and the amount of people dropping landlines. at&t is a dead horse. That dividend isnt sticking around for much longer. On the other hand Verizons becomming a more dominate player with the addition of the iphone and its huge market for the droid. Wireless and cloud computing is the way to make money in tech. VZ has superior numbers in wireless, and with thier idea to partner with google and "buy" the internet supposedly this stock price is going nowhere but up and that dividend will be ther and if not increase. ** disclaimer i own stock in Verizon**
  6. The Worm The Worm is offline

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    Sep 14th, 2011 (9/14/2011 7:02am) in reply to Niceguy

     
    Originally Posted by Niceguy View Post

    Really you can type that long ass question but not ATT? Buy a bat and dip it into your temple.


    I was looking for advice from people who follow the stock market. Those people would know exactly what T or VZ are, as well as MSFT or APPL, XOM or BP and probably C or BAC. Since you didn't, and most wouldn't, Im probably not going to listen to yours or their advice.

    @joey, Im pretty much thinking the same thing. No way T can hold on to that yield much longer, but I think VZ can for much, much longer.
    Thread Starter
  7. Mr323 Mr323 is offline

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    Sep 14th, 2011 (9/14/2011 7:04am) in reply to The Worm

    Yeah, Ithaca gonna Ithaca ;)
  8. shrewdabom86 shrewdabom86 is offline

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    Sep 14th, 2011 (9/14/2011 8:15am) in reply to Mr323

    In the short term there is headline risk for T. There is an anti-trust suit being filed to try and stop their attempt to merge with T-Mobile. If you are looking for an entry point into T I would wait a while longer. That being said, I think the cashflows are safer for VZ meaning that the dividend should be safer. (Key words being SHOULD). Gun to my head I would pick VZ over T right now, but if T drops down to around $24 I would be a buyer there.
  9. The Worm The Worm is offline

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    Sep 14th, 2011 (9/14/2011 4:40pm) in reply to Mr323

     
    Originally Posted by Mr323 View Post

    Yeah, Ithaca gonna Ithaca ;)


    guess I should finally update my location since I never did when that option was added.
    Thread Starter
  10. dolphin13 dolphin13 is offline OT Vice MVP

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    Sep 14th, 2011 (9/14/2011 4:45pm) in reply to The Worm

    Buying any mobile company is like burning your money. You're just not going to get returns there anymore
  11. playwithfire05 playwithfire05 is offline

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    Sep 14th, 2011 (9/14/2011 6:40pm) in reply to dolphin13

    ATT is dead in the water but the doj won't let them improve their wireless service? :eyeroll:
  12. The Worm The Worm is offline

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    Sep 15th, 2011 (9/15/2011 1:43am) in reply to dolphin13

     
    Originally Posted by dolphin13 View Post

    Buying any mobile company is like burning your money. You're just not going to get returns there anymore


    Can I get some reasoning behind this? Everything I have read says its one of the safest places to find high yields, but if you have read something to the contrary I would love to read it. Still not sure what to do.
    Thread Starter
  13. Moonlight Graham Moonlight Graham is offline

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    Sep 15th, 2011 (9/15/2011 1:46am) in reply to The Worm

    Only problem with VZ is it includes the whole company. If it was just VZ wireless, it would be a homerun.
  14. dolphin13 dolphin13 is offline OT Vice MVP

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    Sep 15th, 2011 (9/15/2011 1:54am) in reply to The Worm

     
    Originally Posted by The Worm View Post

    Can I get some reasoning behind this? Everything I have read says its one of the safest places to find high yields, but if you have read something to the contrary I would love to read it. Still not sure what to do.

    I just think if you're gonna go high yield hunting go look at the staples like KFT, PG, JNJ. The yields may not be as high but I think it's more recession proof than going after the phones. Just my opinion. Lot of competition in the sector. any type of tech company shouldn't have a yield. If they do, that means they don't know what to do with their cash. While returning it to stock holders seems logical, it's a warning sign
    Edited By: dolphin13 Sep 15th, 2011 at 01:55 AM
  15. joeykukzMSU joeykukzMSU is offline

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    Sep 15th, 2011 (9/15/2011 2:06am) in reply to dolphin13

     
    Originally Posted by dolphin13 View Post

    I just think if you're gonna go high yield hunting go look at the staples like KFT, PG, JNJ. The yields may not be as high but I think it's more recession proof than going after the phones. Just my opinion. Lot of competition in the sector. any type of tech company shouldn't have a yield. If they do, that means they don't know what to do with their cash. While returning it to stock holders seems logical, it's a warning sign

    i disagree by a mile. The yield in verizon is safe as can be. The cash the companies holds + growth in both the mobile market and brand recognition is fantastic. Also, Apple is rumored to start a dividend soon, and they have more cash then the US government. Not a warning but a robust sign of growth. Both aapl and Vz are not in a take over mode where cash is of the essence. Google is spending its cash on takeover to avoid a few billion in lawsuits. Now thats a reason for concern and not paying a dividend. The future is in mobile smart phones and cloud computing and will dominate consumer spending regardless of recession or growth in the economy.
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