Fool.com contributor Parkev Tatevosian takes a deep dive into AT&T (T -9.81%) and Verizon (VZ -8.75%) to uncover the hidden structure of their debt problem.
*Stock prices used were the afternoon prices of Oct. 13, 2023. The video was published on Oct. 15, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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AT&T and Verizon have accumulated a huge amount of debt that could threaten their dividend payments.
