Verizon (VZ) stock has really been dragging of late, with shares recently sagging below the $55 mark, and flirting with 52-week lows. The dividend yield has swelled accordingly, at 4.6% at the time of writing. While the telecom behemoth has had its fair share of issues amid the ongoing COVID-19 crisis, it's hard to ignore the meaningful catalysts that may be just around the corner. Most notably, the 5G upgrade cycle is on the horizon. The main attraction to Verizon may very well be that you'll stand to be invested alongside Warren Buffett. As of the last 13-F filing, Verizon comprises around 3% of the portfolio of Berkshire Hathaway (BRK.A).
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Verizon Communications (NYSE:VZ)
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Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Verizon Communications Charts.