Is Verizon Stock a Buy for 2024?
Storied telecom titan Verizon Communications (NYSE: VZ) had its ups and downs over the past year, and they were reflected in its stock price. Shares languished well below $40 for much of 2023, reaching a 52-week low of $30.14 last October.
But in recent months the stock has bounced back, hitting a 52-week high of $43.21 at the end of January. The share price dipped again recently, so is now the time to invest in Verizon?
Before deciding to buy, it's best to dig into where Verizon is currently at given the stock's roller-coaster year. This will help you gauge if Verizon is a worthwhile investment in 2024 and over the long term.
Source Fool.com
Verizon Communications Inc. Stock
€38.07
-1.230%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.71% for Verizon Communications Inc. compared to the current price of 38.07 €.
