Verizon $VZ is the largest US cellular operator in terms of su | 🚀 Robin Rocket

Verizon $VZ is the largest US cellular operator in terms of subscribers.

Current price: $52,76
Target price: $65

Growth drivers:

• Development of tariffs for 5G. Verizon only provides 5G access to users with unlimited or premium plans, which cost an order of magnitude more than standard plans.

• Collaboration with streaming platforms. Verizon has a multi-million dollar customer base, which makes it an attractive partner to collaborate with.

• Strategy for the future. When allocating capital, the company pays most attention to its own development. $VZ pays dividends and focuses on reducing debt burden. Verizon plans to launch a share buyback program in 4-5 years.

• In addition, the company has an attractive dividend yield: 4.71%

Not an investment recommendation.