Better Buy: Verizon Communications Inc. vs. Sprint
Over the last couple years, Sprint (NYSE: S) has set its sights on Verizon Communications (NYSE: VZ). It's even gone so far as to steal Verizon's old spokesperson, Paul. Sprint's aggressive pricing has put pressure on Verizon's ability to add new customers and improve its service revenue. But it's also come at the cost of Sprint's own top line.
Sprint's recently failed merger with T-Mobile (NASDAQ: TMUS) caused both Sprint's and Verizon's shares to fall. Investors may be looking at the price drops as an opportunity to invest -- but in which company?
Let's take a closer look to determine which stock is a better buy: Verizon Communications or Sprint.
Source: Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 21 Buy predictions and 1 Sell predictions.
With a target price of 40 € there is a slightly positive potential of 9.39% for Verizon Communications Inc. compared to the current price of 36.57 €.