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Posted by
Two Blokes Jul 7 -
Filed in
Stock
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5 views
I reaffirm my 'strong buy' rating on Verizon due to its undervaluation, operational improvements, and attractive upside despite recent stock underperformance. Verizon's growth is fueled by strong performance in its Consumer Group, especially wireless and FWA broadband, offsetting some weakness in business and public sector segments. Profitability and cash flow are improving, with management guiding for EBITDA and earnings growth, while Verizon now trades cheaper than AT&T with lower leverage.
