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News  ›  The Motley Fool

Prediction: With a Nearly 7% Yield, Now Is the Time to Buy Verizon Stock

The Motley Fool Logo The Motley Fool By Geoffrey Seiler
Prediction: With a Nearly 7% Yield, Now Is the Time to Buy Verizon Stock

Verizon is experiencing strategic shifts under new CEO Daniel Schulman, focusing on customer experience and service bundling. Despite losing wireless customers, the company maintains strong cash flow and an attractive dividend yield of nearly 7%.

Insights
META   positive

Up 28.86% year-to-date


VZ   positive

The article suggests buying Verizon stock due to its high dividend yield (6.9%), strong cash flow, pending Frontier acquisition, strategic repositioning, and attractive valuation (forward P/E of 8.3)