3 High-Yield Stocks With Virtual Monopolies
Though consumers may hate monopolies, that word should be music to investors' ears. Controlling a market by being the sole provider gives companies fat profit margins and a reliable future free of worrying about competitor moves.
Antitrust laws mean that monopolies are often illegal, and the feds have broken up ones like the old AT&T and Standard Oil, but there are still industries that allow many of the same benefits as traditional monopolies. Below are three high-yield stocks -- Altria Group (NYSE: MO), Anheuser-Busch InBev (NYSE: BUD), and Verizon Communications (NYSE: VZ) -- that have monopoly-like control of their respective industries.
Image source: Getty Images.
Source: Fool.com
Verizon Communications Inc. Stock
€36.94
0.270%
With 23 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 42 € shows a slightly positive potential of 13.7% compared to the current price of 36.94 € for Verizon Communications Inc..
