Verizon Communications Inc
VZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !Fj | LOCK|KJ>L | LOCK|$>KGpR |
Lower Capital Spending Should Boost Verizon's Cash Flow Without Overly Hitting Growth
Business Strategy and Outlook
Wireless competitive intensity has increased recently, but we expect Verizon and its two primary wireless rivals, T-Mobile and AT&T, to compete rationally in the coming years. That said, we expect Verizon to struggle to grow as fast as its rivals, even with new CEO Dan Schulman's pledge to focus more intently on customer satisfaction than in the past.
