Better Telecom Stock: T-Mobile US vs. Verizon Communications
The wireless communications industry in America has multiple companies but only a small group of viable competitors. AT, Verizon Communications (NYSE: VZ), and T-Mobile US (NASDAQ: TMUS) control virtually the entire market. While these three competitors are relatively interchangeable in the eyes of most customers concerning the services they provide, their stocks have not performed the same over the past several years.
T-Mobile stock has obliterated its wireless competitors for the past decade, teaching investors valuable lessons about long-term investing. While Verizon has a seemingly dirt cheap price tag and a hefty dividend, here is why investors should focus on the big picture and own T-Mobile stock instead.
Verizon doesn't have a problem making money. The company generates over $37 billion in cash profits from its daily operations yearly, more than twice as much as T-Mobile. The most significant difference between the two companies is where that cash goes.
Source Fool.com
Verizon Communications Inc. Stock
Verizon Communications Inc. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
With a target price of 43 € there is a slightly positive potential of 5.98% for Verizon Communications Inc. compared to the current price of 40.58 €.
