Should You Buy Verizon Communications Stock Before Oct. 26?
The telecom company releases its latest earnings numbers in a few weeks.
Overview
Verizon Communications (NYSE:VZ) stock has been falling since the Federal Reserve raised interest rates last month. In a few weeks, it'll release its quarterly earnings numbers for the third quarter. Although significant earnings growth isn't the norm for the company, a positive performance and outlook could give the stock a much-needed boost, as it has earlier this year.
Plus, Verizon is trading at a very low valuation relative to earnings; expectations may be low heading into the Q3 numbers release. Is it a good idea to buy Verizon stock before Oct. 26, when its latest results come out?
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.