Why I Am Buying Verizon Stock Hand Over Fist
Portfolio Pulse from
Verizon Communications' stock is seen as a strong buy due to its dip below $40, offering a 7% yield and growing dividends. The company's aggressive Fixed Wireless strategy and acquisition of Frontier Communications are expected to enhance its customer base and financial metrics.
December 30, 2024 | 7:45 pm
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Verizon's stock is attractive due to its low price, high yield, and growth strategies. The acquisition of Frontier Communications and focus on Fixed Wireless are expected to enhance its market position and financial performance.
Verizon's stock price below $40 makes it an attractive buy for income investors due to its 7% yield and growing dividends. The company's strategy to double its customer base by 2028 through Fixed Wireless and the $20 billion acquisition of Frontier Communications are expected to enhance free cash flow and EBITDA margins, aligning with market trends.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100