This Warren Buffett Stock Is Still a Great Value
Since it currently trades at around 11 times earnings, Verizon (NYSE: VZ) stands out as the type of value stock that appeals to the famously value-oriented Warren Buffett. And it is a big Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holding. Some other market-watchers might take the view that it's cheap for a reason, considering the company's long stretch of tepid profit and stock price growth.
However, the deployment of its 5G network and the new opportunities for growth that it brings may upgrade Verizon's value proposition. Sometime in the not-too-distant future, investors may look back on today's prices for this 5G stock as a bargain that they wish they had taken advantage of.
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Source Fool.com
