Numerous factors, including Verizon’s (NYSE: VZ) valuation, yield, business traction, and analysts' sentiment, are aligning, setting the stock price up for a significant advance. Verizon’s 5G networks are gaining traction with consumers and businesses, revenue is growing, cash flow is improving, and the capital return is increasing annually.
The critical factors are cash flow, free cash flow, and capital return. Verizon is a deep-value, high-yield stock that yielded more than 6% as of late July. It is on track for inclusion in the Dividend Aristocrats Index within a handful of years.
