Chart of the Day: Verizon and the Oracle of Omaha
Verizon's chart of the day isn't that impressive -- the stock is down nearly 10 percent over the last 12 months. However, Warren Buffett looks to invest in bargain stocks, and that's just what Verizon could be right now.
On the face of it, Verizon's chart of the day isn't that impressive -- the stock is down nearly 10 percent over the last 12 months. However, Warren Buffett looks to invest in bargain stocks, and that's just what Verizon could be right now. AT&T's attempted foray into broadcasting services could put Verizon in a position of needing to make a deal to keep competitive -- and Warren Buffett's Berkshire Hathaway is capable of financing a big enough transaction that could put a Verizon mega-merger over the finish line.
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