Want to invest like Verizon? Like any smart investor, Verizon Communications Inc. has its pension fund invested in a diverse array of stocks, from the Cheesecake Factory to Northrop Grumman Corp. The company’s $40-plus billion pension portfolio includes hundreds of companies. The Verizon Investment Management Corp. holds its largest stakes, as might be expected, in reputable banking, technology, drug companies and energy companies. The company also has an interesting collection of smaller holdings in other wireless companies (such as Leap Wireless International Inc. and Alltel Corp.), distributors (Best Buy and BJ Wholesale Clubs), chip makers (Qualcomm Inc. and Texas Instruments Inc.) and handset manufacturers (Motorola Inc. and Nokia Corp.).
Verizon pension investments holds wireless interests
ABOUT AUTHOR
Jump to Article
What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants