Is Verizon Stock a Buy?
Many readers are likely familiar with (NYSE: VZ). The communications infrastructure giant is one of the leading phone and internet service providers in the U.S., with nearly 144 million wireless retail connections and total third-quarter revenue of $33.3 billion.
The issue, though, is that a business like Verizon, that's critical to its customers' lives, has made for a terrible investment. In fact, shares are down 38% in the last five years.
But is this top telecom stock a good investment to make right now as we look toward the future? Let's examine the reasons for and against buying shares in Verizon.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 11.23% for Verizon Communications Inc. compared to the current price of 36.86 €.