- Verizon continues to churn out strong earnings as customers remain loyal to the wireless service.
- The company is generating free cash flow of nearly double the quarterly dividends that alone yield 5%.
- The stock remains cheap at 11.3x 2016 EPS estimates whether or not earnings plateau next year.
While the market focuses on the 2016 earnings plateau predictions of the company, Verizon Communications (NYSE:VZ) offers up attractive valuations now. The leading domestic wireless provider reported another quality quarter despite facing intense pressure from the other wireless providers trying to grab market share.
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