GBDV - Verizon: Major Upside Breakout Underway

• Verizon’s stock has been annihilated since reporting earning on the 22nd. The company lowered guidance from up slightly to flat for the remainder of 2022.
• The stock is down nearly 10% in short order. Nonetheless, I feel the selloff is overdone, offering an excellent opportunity to lock in the 5.43% yield before it gets away.
• The stock has actually rallied in recent days and looks like its about to make a major breakout.
• In the following piece, I will make the case Verizon’s stock selloff offers a golden dividend buying opportunity for savvy investors.

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