Fixed Line Telecommunications Stocks (VZ, T) Outperforming — But How Long Will Consolidation Continue?

The chart included here is an index measuring the summation of price action of stocks within the Fixed Line Telecommunications Industry.

Since mid 2024, stocks like Verizon (Ticker: VZ) and AT&T (Ticker: T) within this industry have been out-performers. At the moment, the industry is in need of a period of consolidation.

The likely scenario according to the EquiPredict Blue Wave forecast is a resumption of bullish bias starting in early June and lasting until early August.

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