Better Telecom Stock: AT&T vs. Verizon
Telecom companies are on a level with utilities in the eyes of most consumers these days. People generally pay their smartphone bills with as much regularity as they do their water, electricity, and gas bills. A smartphone with a data plan has become a necessity.
Because they are now a necessity to so many, AT (NYSE: T) and Verizon Communications (NYSE: VZ), the two largest wireless carriers in the United States, are likely familiar to most consumers. And the two stocks are definitely familiar to most investors. Their stocks have gained some popularity with retirees and income-focused investors because of the large dividend each company pays its shareholder base.
With these high-yielders both trading near 52-week lows, now might be a good time for investors to dial in on which stock is the better deal. Investors should look at each company's core business, their dividends, and the growth each company offers at their respective valuations. Let's find out which is the better telecom stock.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.11% for Verizon Communications Inc. compared to the current price of 38.28 €.
