Verizon Powers Up the Dow's Triple-Digit Surge

Verizon's stock climbs on a strong day for blue chippers while Target's stock overcomes earnings woes.

May 21, 2014 at 4:30PM

Stocks have boomed on the day and haven't slowed down after the release of the Federal Open Market Committee's minutes, as the Dow Jones Industrial Average (DJINDICES:^DJI) began today's trading session with a jump and never looked back. The Dow gained more than 150 points on the day, with all but two of its member stocks in the green. Verizon (NYSE:VZ) made the most of the day, climbing 1.1% -- a stark contrast to AT&T (NYSE:T), which fell to the bottom of the Dow as talk continued to swirl around its recent agreement to acquire DIRECTV. Meanwhile, earnings season ran afoul for one of the country's largest retailers. Let's catch up on what you need to know.

Verizon won't follow AT&T's path
Verizon's moving high on the Dow so far, but not because it's making moves like chief rival AT&T. America's largest wireless provider, in contrast, shot down fleeting rumors of a potential Dish Network acquisition to compete against AT&T's mammoth $48.5 billion buyout of DIRECTV. Verizon has focused on dominating the wireless space, rather than expanding beyond its core business as AT&T has with the DIRECTV negotiation, upgrading its nationwide spectrum in order to cement its leadership. Analysts have praised Verizon's moves, highlighting the opportunities for growth in the wireless space -- even if it won't boast quite the video portfolio of AT&T, should the latter clear regulatory hurdles in its acquisition.

Yet Verizon might not be conceding video dominance so easily to the competition. Sources told the New York Post that the company's pushing toward establishing its own video streaming business via broadband and wireless, seeking to compete with the likes of Netflix. While any launch of a video service is likely far off, it's clear Verizon's interested in growing in ways that will complement its core businesses.


Target managed to boost its sales by more than 2% for the quarter, but same-store sales growth has been a tricky proposition: Revenue from locations open at least 13 months dropped by 0.3% year over year. While Target's trying to appease investors by shoring up its lagging Canadian business, the firm lowered its full-year guidance and looks to be in for a tougher ride than expected through 2014. The ongoing climb of the economy should keep consumers headed back to retailers nationwide, but for Target, the goal of increasing growth in its U.S. stores looks like a long-term struggle.

Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend-paying counterparts over the long term. That’s beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor’s portfolio. To see our free report on these stocks, just click here now.

Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends DirecTV and Netflix. The Motley Fool owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.


Compare Brokers