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Verizon: You Haven't Seen Anything Yet
VZVerizon(VZ) Seeking Alpha·2024-06-17 04:38

RiverNorthPhotography Intro & Thesis I initiated coverage of Verizon Communications Inc. (NYSE:VZ) stock back in mid-July 2023, that's almost a year ago. Since then, VZ's total return has amounted to 23.1% compared to the S&P's (SP500) (SPX) return of around 20.5%. Throughout the year, I have confirmed my rating twice. However, after the last update in March 2024, the stock started lagging behind the broader market. This underperformance can be explained by the surge in tech companies like Nvidia (NVDA) and ...