Thank you for watching! I'll talk about stocks my mom should buy now.
Today, we'll talk about Verizon $VZ.
Verizon has 103 million wireless users, with a revenue of $126 billion per year and net profit of $30 billion! They have a market cap of only $240 billion.
In theory, my mom could invest in Verizon today, and in 9 years, they'll double their market cap through pure profits.
Right now, their P/E ratio is only 7.5.
$VZ is a healthy company that makes $30 billion per year. Not many companies can say that. Therefore, they should have a healthy P/E ratio of 15.
Right now, they have massively undervalued.
Their stock price should be about $115, not $57.
Facebook has one of the biggest audience to advertise to, but Verizon actually isn't that far behind. They own Yahoo! which has over 1 billion monthly users. AOL with almost 200 million, Huffington Post with 100 million, and many more companies.
This allows Verizon to also collect user data and advertisement revenue, much like Facebook!
Mom, if you're listening, please buy more $VZ at $57.00 and collect their 4.2% dividend on the way up to $115.
Love,
Matt