VZ - Should You Buy Verizon Stock Before July 22?
2024-07-16 13:47:00 ET
Verizon Communications (NYSE: VZ) has quietly emerged as a turnaround story, with shares up an impressive 35% from its 52-week low.
Efforts by the telecom giant to streamline the business and focus on core strengths appear to be paying off. Solid wireless service revenue growth and an outlook for improving cash flow are great news in support of the stock's 6.5% dividend yield.
These themes will be on tap when the company reports its second-quarter results on July 22 (for the period ended June 30). Let's discuss the monitoring points and whether you should buy shares in Verizon now.
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Should You Buy Verizon Stock Before July 22?