Verizon Communications, headquartered in New York City, employs 105,400 people and offers communications, information, and entertainment services through its Consumer and Business segments across the U.S. and nine states. The company provides wireless and wireline services, including data, video, and Internet of Things products.
VZ has been in the news recently: During the September Monthly Meeting, Jim Cramer and Jeff Marks discussed key portfolio holdings, emphasizing the potential of companies like Apple, Amazon, and Boeing in the stock market. Cramer noted that demand for the iPhone 17 has exceeded expectations, leading to JPMorgan raising its price target for Apple stock to $280, while the S&P 500 and Nasdaq reached record highs following a quarter-point interest rate cut by the Fed, positively impacting firms like Broadcom and CrowdStrike.
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