Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Verizon Communications Inc (VZ)
Wireless services account for about 70% of Verizon Communications’ total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers’ networks.
A quick look at the price chart below shows us that the stock is up 21.87% in the past twelve months.
Source: Google Finance
(Shares)
Dan Loeb – 4,675,000
Ken Griffin – 3,931,195
Cliff Asness – 3,262,163
Steve Cohen – 2,856,303
John Rogers – 1,724,311
Joel Greenblatt – 308,343
Mario Gabelli – 96,613
Ken Fisher – 76,629
Paul Tudor Jones – 60,131
Donald Yacktman – 52,000
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