Verizon's Small Bet

In this video from Tuesday's Investor Beat, host Chris Hill and Motley Fool banking and financial analyst David Hanson look at the biggest stories from the market today for investors.

Despite reporting a sound quarter that beat analysts' expectations on both adjusted earnings and revenue and delivered more than $5 billion in profit, Verizon (NYSE: VZ  ) was down slightly today. The telecom giant also announced what David is calling a "small bet," closing a deal to purchase Intel Media, which had been Intel's (NASDAQ: INTC  ) foray into on-demand television. David sees Verizon as such a giant company with operations in so many different parts of the media and telecom landscape that he considers it a safe, reliable bet that this company isn't going anywhere over the next several years. Whether it can beat the market or be at the forefront of the next big thing in media and telecom, however, is something David is a bit more skeptical on. Check out the video for more.

Who will rise as cable falls?
You know cable's going away. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.

Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 09, 2014, at 6:44 PM, Kelly15 wrote:

    Verizon finalized its purchase of Vodafone’s 45% stake in Verizon Wireless out of Europe. The acquisition gives the largest wireless provider in the US, complete control of its wireless assets, the most profitable and fastest growing segment of its business

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2803590, ~/Articles/ArticleHandler.aspx, 9/3/2015 7:54:32 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Chris Hill

Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.

Today's Market

updated Moments ago Sponsored by:
DOW 16,374.76 23.38 0.14%
S&P 500 1,951.13 2.27 0.12%
NASD 4,733.50 -16.48 -0.35%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 4:00 PM
INTC $29.08 Up +0.48 +1.68%
Intel CAPS Rating: ****
VZ $45.72 Up +0.37 +0.82%
Verizon Communicat… CAPS Rating: ****