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Verizon Communications Inc

VZ: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$63.00DqsqrxJyggqrlq

Verizon Should Generate Solid Cash Flow as 2024 Progresses

Business Strategy and Outlook

Verizon Communications is primarily focused on the wireless business, where it has taken steps to ensure it remains well positioned, building fiber deeper into major metro areas and acquiring wireless spectrum to increase network capacity and performance. While we expect growth will be very modest, we expect Verizon and its two primary wireless rivals will compete rationally, allowing each to generate consistent financial results in the coming years.

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