Verizon: Still Looks Undervalued, Yielding 6.69%

PM ImagesVerizon's shares (NYSE:VZ) aren't as cheap as they were in October 2023 when they reached $30.14, but after rebounding roughly 30%, they still look undervalued. Over the past 5 years, shares of Verizon are down -33.80% as they gradually decreased in value during the Fed tightening cycle. While some investors are worried about the $137 billion in long-term debt on the balance sheet, I look at a company's ability to service the debt and repay maturities rather than stressing out about the amount  ...