Why Did Warren Buffett Buy Verizon Stock?

We recently learned that while Warren Buffett and his team made several stock purchases in the fourth quarter of 2020, the largest addition by far was the new almost $9 billion stake in Verizon (NYSE: VZ). In this Fool Live video clip, recorded on Feb. 22, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss why Buffett might have decided to place such a big bet on the telecom giant. 

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Source Fool.com