Is Verizon Communications (VZ) One of the Top 12 Undervalued Dividend Stocks to Buy Now?

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Verizon Communications Inc. (NYSE:VZ) engages successful the proviso of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide.

It was reported connected May 14 that the Federal Communications Commission has approved Verizon’s spectrum acquisition from Array Digital Infrastructure. The $1 cardinal woody is meant to grow the company’s web capableness and sum and includes Array’s AWS-3, AWS-1, and PCS licenses covering astir 8% of the US population.

According to the FCC, the acquisition volition heighten ​Verizon Wireless’ “network coverage, capableness and performance, resulting successful a stronger quality to conscionable ​increasing lawsuit request and supply a amended lawsuit experience.”

The announcement comes a fewer days aft Verizon Communications Inc. (NYSE:VZ) reported better-than-expected profits for its Q1. Moreover, the institution delivered 55,000 postpaid telephone nett adds successful the quarter, underscoring its palmy efforts to lure successful caller wireless customers contempt the aggravated competition.

Given the beardown performance, Verizon Communications Inc. (NYSE:VZ) expects full postpaid telephone nett adds to beryllium astatine the precocious extremity of its forecast of 750,000 to 1 cardinal for FY 2026. Moreover, the institution raised its guidance for adjusted EPS maturation to 5% to 6%, compared to its anterior scope of 4% to 5%.

While we admit the imaginable of VZ arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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