AT&T Inc

NYSE: T
$23.32
+$0.23 (+1.0%)
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As it has been doing for most of the year, Verizon Communications is leading the Dow 30 higher, up by almost 17% year to date.
It didn't take long for the price of the new Apple iPhone SE to drop. In fact, every iPhone model will be available at Wal-Mart stores for $100 off the regular price until the end of June.
In the battle among traditional media and media delivery companies, AT&T has added a new weapon: a new streaming media service.
Wells Fargo's Jennifer Fritzsche has retained her Outperform ratings on AT&T and Verizon with above-consensus price targets.
Four of the highest yielding S&P 500 dividend aristocrats are also rated Buy at Merrill Lynch. That is two good reasons for investors to consider adding them to long-term portfolios.
While the Dow Jones Industrial Average is barely up for the year, Verizon Communications has seen its shares rise almost 16%, the best among the 30 stocks that comprise the index.
Shares of Verizon Communications have risen more than 15% year to date, which makes them the best performing among all components of the Dow Jones Industrial Average in 2016.
So what are investors to do in a continued low rate environment? Buy the best stocks out there, especially ones paying good dividends.
In a year when almost every sector is still mired in negative performance, or flat at best, the telecom and utility sectors have posted double-digit gains.
The FCC reportedly is about to give the green light to the proposed merger between Charter Communications and Time Warner Cable.
For the S&P 500 index to move toward a new record, the prices of some of the largest components will need to make most of the momentum.
Verizon Communications has risen more than 13% since the beginning of the year, the best among the 30 stocks that comprise the Dow Jones Industrial Average.
The top 17 cable and telephone providers, representing some 94% of the U.S. market, added a net new 3.1 million subscribers in 2015.
24/7 Wall St. has tracked the strong blue chip dividend calls made by analysts so far in March of 2016. These are four blue chip dividends with upside stock potential and room for dividend growth.
As the market seesaws and tumbles, and some tech companies have seen their stock prices reset down 10% or lower, Verizon is an island of safety in roaring seas.