said by Corydon:I'd say it probably depends on how long you plan on holding the stock for. Certainly not a good short-term buy based on the numbers you're supplying. But if you go with the assumption that fiber (or some substitute thereof) is the wave of the future, then sooner or later AT&T and the MSOs will have to invest in FTTH, while Verizon is already making that investment.
Once we reach that point, then we may very well see VZ in the catbird seat, just like cable has been milking the HFC investments they made several years ago.
Yes, Verizon may be able to leverage better earnings from their fiber investments(but see my previous post to show why that is not a given). But I rebalance my portfolio every 6 months - plenty of time to watch their progress and invest prior to rapid stock price appreciation.
