Is Verizon Stock a Buy?

Verizon (NYSE: VZ) is often considered a stable income play because it's one of the top telecom companies in the U.S. and pays a hefty forward dividend yield of 6.4%. But over the past five years, its stock actually declined more than 30%. Even after including reinvested dividends, it delivered a negative total return of 9%.Verizon lost its luster as it struggled with the sluggish growth of its core wireless business, declining margins, and high debt levels. But at nine times forward earnings, could it be a great turnaround play for value-seeking income investors?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool