Where Will Verizon Communications Be in 5 Years?
The unpredictable nature of the market makes it difficult to foresee where any stock will trade five years from now. However, Verizon (NYSE: VZ) may offer more visibility than other stocks.
To date, Verizon is one of only three companies that has constructed a 5G nationwide wireless network within the U.S. Analysts anticipate high demand for 5G, and each company has spent tens of billions in capital expenditures on this undertaking. These two factors make it likely that AT&T (NYSE: T) and T-Mobile US (NASDAQ: TMUS) will remain Verizon's only major competitors. However, how Verizon fares against these companies as well as the growth of 5G itself should hold tremendous sway over where Verizon stock trades five years from now.
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Source Fool.com
