If you are wondering whether Verizon Communications’ current share price reflects good value, you are not alone. This article focuses on what the recent numbers may be telling you about the stock.
Verizon shares recently closed at US$44.61, with returns of 12.6% over 7 days, 10.1% over 30 days, 10.1% year to date, 19.2% over 1 year, 32.5% over 3 years, and 10.0% over 5 years. This performance provides some useful context before looking at valuation.
Recent coverage around Verizon has focused on its role as a major US telecom provider, with investors paying attention to how it positions itself in the broader 5G and connectivity space. Commentary has also highlighted the stock’s place in many income focused portfolios, given its size and…
