Tuesday, April 2, 2013

Verizon Stock Alex Vaynshteyn

  I decided to buy verizon stock because it was doing very well in the stock market. Its prices were constantly going up over the past few years. From 2009 to 2013 there is a boost in the prices and this would be good because the price would constantly rise over a period of time. Also, Verizon has many good features about it's company that make it the second leader of the wireless network next to AT&T. For example, Verizon's light speed convinces more people to buy it since phone service lines are being replaced by companies like Vonage and Time Warner Cable. Another reason to buy Verizon is that it is a huge company in the cellphone business. O'Mally, an editor for Pr Newswire states that Verizon has broadened it's wireless network to more countries as far as Buffalo-Niagara. It's users sum up to be 89% of the world's population.(O'Mally.) My expectation for this stock is that it will keep on rising because many people are starting to switch from AT&T to Verizon and the stock price is on a constant rise so far. Also, my personal experience is that my friend has switched to Verizon and his internet ids much faster then mine. However, his parents have to pay more money, but they are getting more high end service. This says a lot about Verizon and that people are really started to look into their stocks.


AlexVaynshteyn