Can “slow and steady” still WIN as an investing approach? Absolutely...and one stodgier stock I’ve been following for a while proves it!
Take a look at the MoneyShow Chart of the Day, which shows how Verizon Communications Inc. (VZ) has traded over the past year. It caught my attention as I was reviewing the performance of all the stocks and ETFs in our MoneyShow 2026 Top Picks Report (You can download a free copy here). Specifically, I saw that it had vaulted to the #6 spot, with a tracked gain of 27.9% since the report dropped in early January!
Verizon: Big, Stodgy, and...Highly Profitable!
Source: StockCharts
No one would characterize the wireless communications company as a red-hot AI play. But its shares soared recently after it beat Q4 sales and earnings targets, boosted its profit forecast for 2026, and announced a massive $25 billion, three-year stock buyback.
Verizon is also benefiting from market rotation, with investors seeking the safety of high-yielding, more-defensive stocks thanks to the US-Israel-Iran conflict. The company currently pays out $2.83 per share in annual dividends, good for a yield of around 5.5%.
When Kenny Polcari recommended VZ for our 2026 report, he wrote: “It will never be confused with a high-flying tech stock. But Verizon offers something arguably more valuable for those seeking stability: predictable cash flows, strong dividend income, and a business model built on essential services that consumers and enterprises simply cannot live without.”
Turns out the chief market strategist at SlateStone Wealth was right on target. And his pick’s performance proves that slow and steady can pay off nicely – especially in a more volatile market like this one.
