thanks for the updates pujo. VZ has had a great year, at one time looking at it....
besides trading near its high up from a low of 30 you also get a div of 1.62 or 3.80%.
I own TEF (trades on the US), may take some gains. as well as some int. phone companies. some of these have little competition, and seem cheap. they also pay a good div....
in Canada own Telus is my largest position, and bought Roger (cable, wirless, ) and BCE very small position, and 32 may and 36 sept. puts.
Telus and Rogers have worked out great over 12 months, especially Rogers. huge generator of cash flow.
BCE is a takeover target, or else instead of 37 cdn. would be at 30 cnd. or less, it is a train wreck. however could be turned around by good management......not sure when bce really has had that.......never.
the only negative on VZ is can they grow earnings.... sales are predicted to grow, they have performed well.
some large cap stocks own: Mcdonalds bought 25-28, I still hold keep coming out with great numbers, thought it was only going to go to 42.
Citi.....some day this big bank will turn around.... some day.
HD Home depot was bought recently for a home recovery and store turnaround.... so far dead money.
own small positons in many of the brokerage stocks. good to buy in a bull market. also as a cdn. investors they are only a couple in Canada.
good luck with VZ
thanks
selkirk
