It feels that this stock could go up 30% in next 12 months. All indications in the industry is that Apple iPhone16 will start a huge round of phone upgrade, and VZ will clearly benefit from it.
It is still traded at a historical discount level, plus 6.5% dividend.
The concern has been its large debt, but if iPhone16 is a hit, VZ should have no problem growing revenue and margin
- NVDA from 120-180: 50% gain
- VZ from 40 to 55: 40% gain