Better Buy: AT&T vs. Verizon
Amidst rising inflation, telecom giants AT&T (NYSE: T) and Verizon (NYSE: VZ) are appealing investments. Both offer dividends, which act as a hedge against inflation. And, as two of the biggest telecom companies in the U.S., both companies reliably generate billions in income and free cash flow annually.
They are also both in the early stages of transitioning to 5G networks, creating new revenue growth opportunities. Indeed, 5G isn't just a faster mobile network -- it more easily supports the explosion of devices requiring internet, from smartwatches to cars. AT&T and Verizon both stand to gain from this burgeoning need for connectivity.
Each recently posted first-quarter earnings results, but does one stand out as a better long-term investment? An examination of each can help us to answer that question.
Source Fool.com
