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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.03% per year. These returns cover a period from January 1, 1988 through July 1, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
Strength in Jobs, Earnings = No Black Thursday Crash
by Mark Vickery
Today is the 30th anniversary of the stock market crash in 1987, which would later be referred to as "Black Monday."
MasTec Wins 2018 Pipeline Construction Project Worth $1.5B
by Zacks Equity Research
MasTec (MTZ) won a large project pipeline construction award worth over $1.5 billion. This signals significant multi-year opportunities for large pipeline construction project activity going ahead.
Verizon (VZ) Meets Q3 Earnings Estimate, Tops Revenues
by Zacks Equity Research
Verizon Communications Inc. (VZ) gained impressive number of postpaid wireless subscribers in the third-quarter 2017.
Will Verizon's (VZ) Entry Into Telematics Business Pay Off?
by Zacks Equity Research
Verizon Communications Inc. (VZ) is an active player in the fleet management and telematics business through its Verizon Telematics subsidiary, which has operations in 40 countries.
Accenture (ACN) Closes Strategy Consultancy Firm IBB Buyout
by Zacks Equity Research
The acquisition of IBB has further fortified Accenture's (ACN) presence in the communication, media and technology (CMT) consulting market, and is believed to help it gain higher market share.
The Zacks Analyst Blog Highlights: AT&T, DISH Network, Verizon Communications and Comcast
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AT&T, DISH Network, Verizon Communications and Comcast
Will U.S. Pay-TV Industry Continue Facing Distressing Times?
by Zacks Equity Research
In terms of customer retention, legacy pay-TV operators are yet to cope with the onslaught of low-cost online video streaming service providers.
The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and U.S. Cellular
by Zacks Equity Research
The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and U.S. Cellular
Frontier Communications to Retire Copper Network in New York
by Zacks Equity Research
Frontier Communications Corp. (FTR) is leaving no stones unturned to derive benefits from the growing Business Service Segment.
Verizon (VZ) to Retire Copper Networks for Fiber Migration
by Zacks Equity Research
Verizon Communications Inc. (VZ) said that the network switchover will take effect on or after Feb 28, 2018, provided the FCC allows it to do so.
Stock Market News For Sep 20, 2017
by Zacks Equity Research
Benchmarks closed higher on Tuesday as the Federal Open Market Committee (FOMC) two day meeting kicked off.
Verizon to Bolster Fiber Optic Network in Major U.S. Cities
by Zacks Equity Research
Accumulation of dark fiber will bolster Verizon Communications Inc.'s (VZ) cell network density consequently boosting its mobile backhaul network.
CenturyLink (CTL) Defers Level 3 Communications Acquisition
by Zacks Equity Research
The much-hyped merger between CenturyLink (CTL) and Level 3 Communications that will expectedly raise CenturyLink's network by 200,000 route miles of fiber is likely to be closed by the end of October.
Accenture to Buy IBB, Boost Strategy Consulting Capabilities
by Zacks Equity Research
The acquisition of IBB Consulting will fortify Accenture's (ACN) presence in the communication, media and technology (CMT) consulting market, as well as help gain higher market share.
Telephone and Data Systems to Buy K2 to Strengthen Broadband
by Zacks Equity Research
K2 Communications is Telephone and Data Systems Inc.'s (TDS) fourth acquisition in 2017.
Keysight's (KEYS) Earnings Decline in Q3, Revenues Up Y/Y
by Zacks Equity Research
Keysight's (KEYS) third-quarter fiscal 2017 earnings declined due to higher expenses. However, strong revenue growth reflects robust demand for the company's 5G and IoT solutions.
Here's Why Investors Should Retain Charter (CHTR) Stock
by Zacks Equity Research
Charter Communications' (CHTR) recent launch of lucrative promotional offers in order to stay ahead of competition with a strong subscriber base and initiatives to improve its Spectrum products is encouraging.
Telecom Stock Roundup: Verizon Strengthens Virtual Network Services, Comcast Inks Deal With Sunrun
by Zacks Equity Research
Telecom behemoth Verizon Communications Inc. (VZ) enhances cloud cybersecurity for its enterprise customers, Comcast Corp. (CMCSA) inks a 40-month deal with Sunrun Inc. (RUN).
Why DISH Network (DISH) Share Price Jumped in Last Session
by Zacks Equity Research
A federal appeals court has ordered the Federal Communications Commission (FCC) to review the case of two firms affiliated with DISH Network Corp. (DISH) in an airwaves auction.
Comcast (CMCSA) Expands Smart-Home Services Domestically
by Zacks Equity Research
Comcast (CMCSA) to offer smart-home services, in sync with its efforts to expand new lines of business to cope up with the loss. It also remains competitive in the market, thus increasing revenues.
Here's Why You Should Hold Comcast (CMCSA) in Your Portfolio
by Zacks Equity Research
Comcast (CMCSA) will benefit from its wireless ventures and residential solar programs. However, businesses remain susceptible to competitive threat from online streaming service providers.
Comcast Inks Deal with Sunrun, Boosts Residential Solar Suite
by Zacks Equity Research
While reducing dependence on fossil fuels, adoption of Sunrun's rooftop solar services will help Comcas's (CMCSA) customers save more on their electric bills.
Sprint's (S) Prepaid Arm Extends Unlimited Service Offer
by Zacks Equity Research
In a competitive wireless industry Sprint's (S) effort to lure customers by offering the unlimited service to its existing iPhone owners is expected to aid the company boost its prepaid market share.
Stock Market News For August 23, 2017
by Zacks Equity Research
Markets gained traction on Tuesday following reports that the Trump administration had made significant progress on tax reforms.
Cable MSOs Maintain Lead in High-Speed Broadband Market
by Zacks Equity Research
The cable multi-service operators (MSOs) in the U.S. have successfully maintained their lead over telecom operators in the high-speed broadband (internet) market.