Verizon Stock Forecast: Verizon Is A Cheap, Low-Beta Long-Term Investment
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Verizon Stock Forecast
Summary:
- The earlier-than-expected global 5G roll-out should make Verizon’s stock more attractive to investors.
- Verizon can increase its 150 million subscribers by offering 5 or 10 gigabit wireless internet speed.
- Verizon has compelling reason to be one of the earliest adopters of 5G networks. For many years now, Verizon is assessed as the U.S. network with the fastest wireless speed.
- Verizon reviving the legendary Palm brand for 2018 smartphones can attract new prepaid and post-paid subscribers.
- VZ is attractive to long-term investors who like low-beta companies. VZ is also a consistent dividend giver.