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If I Could Only Buy 1 Stock Right Now, This Would Be It

Travis Hoium, The Motley Fool
·4-min read
If I Could Only Buy 1 Stock Right Now, This Would Be It

While the stock that jumps to mind for me may not be a popular pick at the moment, Verizon Communications (NYSE: VZ) does meet the criteria. The company went through some ups and downs in the wireless business over the past couple of years, but its price-to-earnings ratio of 8.3, dividend yield of 6.3%, and strong position in a U.S. wireless market that has just three major players make this a stock with a great balance of value and potential upside. The wireless industry is a competitive business, with Verizon, AT&T, and T-Mobile all having strong competitive positions at one time or another.

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