Summary

• Verizon has surged 15% since my last coverage, outperforming the S&P 500 and reinforcing its diversification value.
• I maintain a buy rating, citing VZ's defensive profile, steady top-line growth, and significant telecom market share.
• Despite recent outperformance, VZ remains undervalued and is priced as if in decline, which I believe is unwarranted.
• VZ offers slow but steady growth, appealing for investors seeking stability amid market volatility and AI-driven narratives.

So far, Verizon (VZ) has turned out to be a great diversification for me. Quite frankly, the stock has strongly outperformed the benchmark since my latest coverage. VZ has surged 17% versus the S&P 500 at 6%.

Now, six months

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VZ over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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