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
With 22 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 40 € shows a slightly positive potential of 10.76% compared to the current price of 36.12 € for Verizon Communications Inc..
