Verizon and AT&T are stable investments with high dividend yields and potential for growth.
Investors tend to overlook Verizon and AT&T for tech giants like Apple and Microsoft, but these mobile providers offer stability. During market downturns, investors flock to defensive stocks like Verizon and AT&T, which maintain services even in economic downturns. Both companies offer high dividend yields, making them attractive for income investors. Verizon and AT&T are investing in 5G and AI, positioning themselves for growth despite perceptions of being traditional. While these stocks may not be for every investor, they offer value for those seeking stability and income.
Read more at Yahoo Finance: Should You Invest In Your Mobile Provider? Why Verizon and AT&T Are Good Picks