Even though the Preakness Stakes won’t be run until tomorrow, investors have a shot at their own triple-crown winner today. By picking up shares of Verizon (VZ) today, they’ll also be investing alongside the Oracle of Omaha, Warren Buffett, who recently bought a stake in VZ valued at $528 million through Berkshire Hathaway (BRK/A). And both of you will have bought into a company that recently jumpstarted its cash flow by buying out Vodafone Group Plc’s minority stake in Verizon Wireless for $130 billion. The kicker to this deal is that both of you will receive a healthy 4.4 percent dividend yield while awaiting VZ profits to roll in. Buffett, Verizon and Income: that’s today’s triple-crown winner.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: