This 5% Dividend Stock Could Soar
Nothing in investing is guaranteed, but that doesn't mean you won't see the occasional fat pitch. Telecom giant Verizon Communications (NYSE: VZ) looks like a solid bet to potentially reward investors with market-beating returns over the coming years.
Verizon's investment potential depends on three parts that contribute to making the stock worthwhile for investors.
Verizon and its chief competitors, AT&T and T-Mobile US, control the U.S. telecom market. They spend billions of dollars each year to build, upgrade, and maintain the wireless networks their customers rely on. These vast investments discourage competitors from entering the industry because nobody wants to spend that much money for a chance at competing.
Source Fool.com
