Prediction: With a Nearly 7% Yield, Now Is the Time to Buy Verizon Stock

The company has a high yield and a big opportunity in front of it.Verizon Communications (VZ +2.00%) stock trades down roughly 16% from its 52-week high and about 35% from highs reached back in 2020. As a result, the stock now carries a robust 6.9% forward dividend yield. The stock's underwhelming performance has led to some investors calling for changes in the company. On its third-quarter earnings conference call last week, new CEO Daniel Schulman said that the company will undergo a significant strategic ...