Verizon Communications Inc. (VZ)
Executive Summary Investment Thesis: Verizon is a mature telecom stalwart trading at a significant discount with an attractive 7% dividend yield and compelling valuation (P/E 9.0, PEG 0.13). However, weak balance sheet liquidity, high leverage (D/E 1.65), and stagnant revenue growth create meaningful risks that offset the margin of safety. Business Classification: Slow Grower (large, mature telecom with limited growth prospects) Current Valuation Assessment: Current Price: $39.79 Estimated Intrinsic Value: $48 - $56 Margin of Safety: 21-29% Recommendation: HOLD (Buy on further weakness below $35) Recommended Entry Zones: ...