Though Verizon sports the Dow's second biggest dividend and has realized more growth than rival AT&T, that doesn't make the company a winner. As Austin Smith and Jeremy Phillips discuss in the following video, while big dividends and wide moats are nice, there are better opportunities to be found on the index. 

For example, when it comes to a company with a great dividend, a wide moat, and better growth prospects than Verizon, Dow stocks such as McDonald's and 3M could be a safer bet.

For more, check out the video.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.