Verizon Communications Inc
VZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| TD | LOCK|?fCP | LOCK|X#$$!r^ |
Steady Pricing Gains Should Allow Verizon to Post Modest Growth
Business Strategy and Outlook
Verizon Communications is primarily focused on the wireless business. We expect the firm and its two primary wireless rivals, T-Mobile and AT&T, to compete rationally, allowing each to generate consistent financial results in the coming years. That said, we expect Verizon will struggle to grow as its market share lead erodes. Slowing industry growth could also cause some challenges as the wireless carriers attempt to hit short-term customer growth targets.
