Verizon (VZ) has a dividend of 5.58%. What is the bank paying you? My last statement from TCF Bank shows an annual yield of 0.16%. Obviously, stocks are risky and money market funds are not too risky, but the goal is not always to minimize risk. Sometimes the goal is to earn money!
VZ's eps are expected to drop 1% in 2011 and climb 17% in 2012. I bought this stock recently at $32.15, and now it's at $34.95. It could easily bounce around $32 again before a run-up. I expect it to climb to $41/$42, at which point I'll sell.
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