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
€38.52
-0.230%
Verizon Communications Inc. is currently one of the favorites of our community with 12 Buy predictions and no Sell predictions.
With a target price of 43 € there is a slightly positive potential of 11.64% for Verizon Communications Inc. compared to the current price of 38.52 €.
