There's reason to be optimistic about Verizon's growth, and it comes down to where its money really comes from.
Verizon (VZ -0.53%) is a giant in telecom, but do you know where it makes its money? Of course, its wireless services are key, but you'll be shocked at how profitable these services are and where Verizon is finding a new growth engine. Travis Hoium dives into the details in the video below.
*Stock prices used were end-of-day prices of March 27, 2023. The video was published on March 29, 2023.
Travis Hoium has positions in Verizon Communications and Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends Verizon Communications and recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. 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.
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