'Speculatively Bullish' Options Positioning in Verizon Communications (VZ) -Susquehanna

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Time To Consider Going Long Verizon Communications (VZ) - BTIG

May 30, 2017 6:38 AM EDT

(Updated - May 30, 2017 7:23 AM EDT)

With shares of Verizon Communications (NYSE: VZ) down 15% YTD and 20% from its July 2016 peak BTIG analyst Walter Piecyk believes now is the time to go long on VZ even as margins and churn are at record levels and there's a threat of more competition from Sprint Corp. (NYSE: S) and T-Mobile (NASDAQ: TMUS).

Piecyk said a... More