Actionable news
0
All posts from Actionable news
Actionable news in VZ: VERIZON COMMUNICATIONS,

Verizon Is Launching a New Era of Explosive Growth Via Acquisitions

Speculation around the new owner of Yahoo! Inc. (YHOO - Get Report) is heating up as the April 18 deadline of bids approaches, with contenders like Alphabet, The (UK) Daily Mail, and Japan's SoftBank making the rounds in the rumor mill. However, one of the leading contenders most certain to make a bid is telecom powerhouse Verizon Communications (VZ - Get Report) .

Here's why we think Verizon is among the most exciting growth stock prospects of 2016.

Alphabet is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here. Want to be alerted before Cramer buys or sells GOOGL? Learn more now.

Must Read: Bernie Sanders Attacks Verizon, Joins Workers on the Picket Line

Even after its 2015 acquisition of AOL, the telecommunications company has been displaying a gargantuan appetite for acquisitions, as it ramps up its mobile video offerings.

Moving away from only competing with telecom giants like AT&T for data packages in the wireless industry, Verizon has recently established a strong focus on mobile advertising and mobile-video. Its purchase of AOL for $4.4 billion in June 2015 will definitely be helped by the similar composition of businesses at Yahoo!, should Verizon make that deal.

Verizon, through AOL's media assets like TechCrunch and Huffington Post, creates free content and sells advertising against that space. With Yahoo! on board, it could leverage the search engine giant's popular Internet...


More