Verizon: A Steal At $37

Bruce Bennett High-yielding Telcos like Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (T) make compelling value propositions right now for passive income investors that want to lock in a low cost basis. Verizon Communications has seen some new stock price weakness in December, as did AT&T, and both Telcos offer passive income investors robust underlying growth in their broadband operations, a low earnings multiple and raised forecasts as far as their free cash flows are concerned. Verizon bumped up it ...