Verizon Communications Stock Had Another Underwhelming Performance in 2024. Is This Trend Likely to Continue?

If you're looking to invest in Verizon Communication (NYSE: VZ) stock, odds are, you're doing it for the dividend income it can generate for you. That's because, historically, this hasn't been a good stock for growth investors to own. It has typically underperformed the market, and in five years it has declined by 36%.Is Verizon's stock likely to continue producing lackluster returns for investors in the future, or can this be a good contrarian pick to add to your portfolio today?It hasn't just been one or two bad years for Verizon; the stock has generally been a poor investment when compared to the S&P 500. Here's a breakdown of how it has performed versus the broad index going back to 2018, which was the last time it was a market-beating stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool