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Verizon's Turnaround Gains Traction: New Highs Are Likely in 2025

The article from MSN Money discusses Verizon Communications Inc.'s potential for growth and recovery in 2025. It highlights that Verizon has been facing challenges such as a saturated market, competition from T-Mobile and AT&T, and concerns over its high debt levels. However, recent developments suggest a turnaround. Verizon has managed to stabilize its subscriber base, with a slight increase in postpaid phone net additions in the first quarter of 2024. The company is also focusing on cost-cutting measures, including workforce reductions, and is investing in 5G technology to enhance its network capabilities. Analysts are optimistic, pointing to Verizon's strategic initiatives like the expansion of its broadband services and the potential for margin improvement as key drivers for future growth. The article suggests that if these strategies continue to gain traction, Verizon could see new highs in its stock price by 2025, supported by an improving economic environment and possibly lower interest rates which would alleviate some of the pressure from its debt.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/verizon-s-turnaround-gains-traction-new-highs-are-likely-in-2025/ar-AA1xT266 ]