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Investors Shouldn't Underestimate Verizon's Growth Potential

TheMotleyFool 
0 0 30.03.23
Investors Shouldn't Underestimate Verizon's Growth PotentialPhoto, wide shot, wide-angle lens, Cable TV provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/51ec7f0d-2b5e-41f6-baa4-43bf0f5d7e7d.png
 

Verizon Communications (NYSE: VZ) isn't known for being a growth stock. Investors generally buy telecom stocks for the stability and dividends, and Verizon does offer an incredibly attractive yield of nearly 7%.

But there's an underrated growth angle to the business that investors shouldn't overlook -- and that relates to the commercial side of its operations. Here's why that could be a great opportunity for Verizon in the long run.

Verizon is, for the most part, a consumer business. The bulk of its revenue comes from consumer-related revenue, which accounts for 77% of its top line.

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Source Fool.com

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