Verizon: Large Yield, But Missing AI Opportunity
VZVerizon(VZ) Seeking Alpha·2024-07-29 00:00
JHVEPhoto Despite surging data usage, the wireless giants have not managed to figure out how to grab higher revenues from additional demand for their networks. Verizon Communications, Inc. (NYSE:VZ) (NEOE:VZ:CA) reported another quarter with meager growth last week, making the dividend the only reason to own the stock. My investment thesis remains Neutral on the stock trading at $40.   Source: Finviz Another Weak Quarter Verizon hasn't been a growth story for years, with the wireless giant reporting mea ...