5 Blue Chip Stocks in Warren Buffett’s Portfolio

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In this article we will be taking a look at 5 blue chip stocks in Warren Buffett’s portfolio. To read our detailed analysis, you can go directly to see the 10 Blue Chip Stocks in Warren Buffett’s Portfolio.

5. Verizon Communications (NYSE:VZ)

Number of Hedge Fund Holders: 63

Verizon Communications (NYSE:VZ) is a communication services company offering communications, technology, information, and entertainment products and services through its subsidiaries. The company is also a strong dividend payer, having raised its dividend yield for 17 years in a row.

In January, Deutsche Bank analyst Bryan Kraft reiterated a Hold rating on Verizon Communications (NYSE:VZ) shares.

Verizon Communications’ (NYSE:VZ) earnings history shows an EPS of $1.31 in the fourth quarter of 2021, and revenue of $34.1 billion. Both beat consensus estimates, by $0.03 and $30.6 million, respectively.

In the fourth quarter, 63 hedge funds were long Verizon Communications (NYSE:VZ), with a total stake value of $10.9 billion.

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