Verizon (VZ -1.11%) and AT&T (T -2.00%) both have high yields and trade for incredibly cheap multiples of their forward earnings. But as the old saying goes, if something sounds too good to be true, it probably is. Check out this short video for a rundown of the bull and bear cases for these telecom giants so you can make the right decision.

*Stock prices used were the afternoon prices of Sep. 21, 2023. The video was published on Sep. 22, 2023.