Verizon: Step In The Right Direction, And One Catalyst That Could Push The Price Past $50

  • Verizon delivered a strong Q2 earnings beat, raising guidance and boosting investor confidence despite a challenging macro environment. Dividend safety has improved, with free cash flow coverage supporting potential future increases and maintaining a high yield for income investors. Deleveraging efforts are reducing net debt and leverage ratios, strengthening the balance sheet, and supporting long-term financial health.