$38.13
0.44 (+1.17%)
Verizon Communications, Inc. (NYSE:VZ)
CAPS Rating:
A leading communications provider, Verizon offers wireless service and telecom for home and business.
A leading communications provider, Verizon offers wireless service and telecom for home and business.
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Recs
VZ is a great longterm green thumb. Verizon continues to demonstrate it is the leader in wireless technology and has recently shifted some focus on telecom infrastructure investment. There has been a lot of criticism that FiOs is much too large an expense for the return, however working in commercial real estate I have noticed Verizon reaching out to many owners in order to run this system to commercial office buildings. Many landlords realize this is a great investment in the building and a big draw for a lot of tenants, plus little to no out of pocket expense for them. Impressive technology, which might be a gamble but also might pay off dividends in the near future.