A low P/E ratio and high dividend yield give investors great value for a business with some hidden growth opportunities.
Verizon (VZ 0.86%) stock is trading as if the company is in a structural decline, but there may be some reason for optimism. Broadband is growing and bundles are becoming more compelling. Travis Hoium covers why he thinks this stock is too good to pass up in the video below.
*Stock prices used were end-of-day prices of Nov. 2, 2022. The video was published on Nov. 3, 2022.
Travis Hoium has positions in Verizon Communications. The Motley Fool has positions in and recommends Netflix. The Motley Fool recommends Comcast, T-Mobile US, and Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
