Verizon Is Growing Again, But There's a Problem

By Travis Hoium and Jason Hall – Jan 30, 2023 at 11:30AM

NYSE: VZ

Verizon Communications

Market Cap

$167B

Today's Change

(2.85%) $1.10

Current Price

$39.70

Price as of April 23, 2024, 4:00 p.m. ET

Value or value trap?

Verizon Communications (VZ 2.85%) reported a return to customer growth in the fourth quarter of 2022, and the company's 5G fixed broadband product continues to grow like crazy. Given the stock's valuation, is this a value stock or a value trap? Motley Fool contributors Travis Hoium and Jason Hall discuss both sides in this video.

*Stock prices used were end-of-day prices of Jan. 26, 2023. The video was published on Jan. 30, 2023.

Jason Hall has no position in any of the stocks mentioned. Travis Hoium has positions in Verizon Communications. The Motley Fool recommends 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.