Up 34% in a Year, Verizon Stock Is Just Getting Started

A year ago, Verizon (NYSE: VZ) was an unloved telecommunications company with high capital expenditures and slow growth. But the past year has been good to the company -- free cash flow has picked up and that may continue in 2024.

In this video, Travis Hoium tells why bundles could drive another phase of growth for Verizon.

*Stock prices used were end-of-day prices of July 16, 2024. The video was published on July 17, 2024.

Travis Hoium has positions in Apple, Verizon Communications, and Walt Disney. The Motley Fool has positions in and recommends Apple, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy . Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.