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The stock price of Verizon Communications Inc. (NYSE:VZ) has dipped from $44 to below $40, which puts the Telco on track to end the year with a mid-single-digit return.
The Telco, however, has an aggressive Fixed Wireless (Broadband) strategy that has as its
Analyst’s Disclosure:I/we have a beneficial long position in the shares of VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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