Verizon (VZ 0.28%) and AT&T (T 0.14%) are now trading for price-to-earnings ratios under 10 and yielding over 7% from their dividends. Why are these stocks cheap and is there an opportunity for investors? Travis Hoium covers why the reward well outweighs the risk for these stocks. 

*Stock prices used were end-of-day prices of Oct. 11, 2022. The video was published on Oct. 13, 2022.