Verizon (VZ 0.33%) has been crushed over the past few years as investors worry about higher interest rates and slowing growth. But the last few quarters have shown just how quickly Verizon has shifted from an investment mode to extracting cash from the business. And the free-cash-flow improvement is happening quickly.
In this video, Travis Hoium breaks down the company’s recent improvement and why there could be further upside for investors.
*Stock prices used were end-of-day prices of Nov. 3, 2023. The video was published on Nov. 4, 2023.
Travis Hoium has positions in Verizon Communications. The Motley Fool recommends Comcast and Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
