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Market Watch
134 days

Are AT&T and Verizon good stocks for a recession? This analyst makes the case. - MarketWatch

1. Verizon offers strong dividends, appealing in defensive markets. 2. Analyst predicts stability in telecom stocks due to simplified business models. 3. Consumer demand for wireless services remains resilient despite economic challenges. 4. Rising tariffs could marginally increase phone costs but won't deter demand. 5. Verizon's price target raised to $47 reflects positive investor sentiment.

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FAQ

Why Bullish?

Analysts foresee stability in Verizon's business model, positive for stock performance. Historical parallels show steady dividends often support stock prices during downturns.

How important is it?

The article discusses VZ's strong performance and investor outlook, significantly impacting market perception. Positive trends in dividend stability and service demand bolster the stock's attractiveness.

Why Long Term?

The structural changes in Verizon's business model enhance its resilience and appeal long-term. Past trends indicate telecom sectors can retain value through economic instability.

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