Is Verizon Stock a Buy Now?
If you have ever struggled with a dropped phone call, you might understand the frustration Verizon Communications (NYSE: VZ) has been for its shareholders. Despite the telecom giant being on track to end 2024 with a positive return, shares have deeply underperformed stock market benchmarks in recent years, losing about 15% of their value in the past five years compared to an 84% gain in the S 500 (SNPINDEX: ^GSPC) over the same period.
Nevertheless, encouraging signs in the company's core wireless services business, combined with a more positive outlook into 2025, provide a signal bar of hope that the stock could finally be on the cusp of a sustained rebound.
Is it time to dial in and buy Verizon stock now? Here's what you need to know.
Source Fool.com
Verizon Communications Inc. Stock
Verizon Communications Inc. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
With a target price of 43 € there is a positive potential of 23.46% for Verizon Communications Inc. compared to the current price of 34.83 €.
