Verizon: Current Levels Provide A Good Opportunity

Bruce Bennett Thesis Verizon Communications Inc. (NYSE:VZ) stands to benefit from the transition to 5G, with its strong 4G network. The company has taken several steps to spur revenue growth, including targeted price hikes and a lineup of unlimited plans. The business segment will benefit going forward from the 5G enterprise services, a market that is expected to grow at a CAGR of 32.6% till 2032 to $47.07 billion. Verizon's broadband segment is expanding rapidly, while the retirement of legacy products in ...