Verizon's (VZ 1.73%) stock hasn't gone anywhere for years, but it may be ready to turn a corner in 2024. Free cash flow is improving and the company has the opportunity to pay down debt to save even more cost on interest payments. In this video, Travis Hoium breaks down how Verizon can be a great stock to own long term.

*Stock prices used were end-of-day prices of April 4, 2024. The video was published on April 7, 2024.