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
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Verizon Communications Inc..
As a result the target price of 43 € shows a slightly positive potential of 2.64% compared to the current price of 41.9 € for Verizon Communications Inc..
