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Verizon: Good Time To Buy This High-Yield Name
VZVerizon(VZ) Seeking Alpha·2024-02-24 09:31
hapabapa/iStock Editorial via Getty Images Introduction I am a growth investor and my portfolio looks unbalanced at the moment, with long-duration stocks substantially outweighing less-riskier assets. Therefore, I am looking for a safe dividend name, and my fundamental analysis suggests that Verizon (NYSE:VZ) is a right choice. Stability of profits and free cash flows together with the management's commitment to keep moderating capex and aggressive balance sheet deleveraging in 2024 give me high convict ...