Verizon's Turnaround Is Gaining Momentum. Is This 6.5%-Yielding Dividend Stock a Buy?

Verizon is experiencing accelerating growth with strong Q3 results, adding 406,000 postpaid phone customers (820% YoY increase) and raising full-year guidance for the third consecutive quarter. Trading at 8.5x earnings with a 6.5% dividend yield, the stock appears undervalued. New AI infrastructure partnerships with Amazon and Google provide additional growth drivers. The analyst rates it a buy, projecting roughly 10% annualized returns, though risks include potential competition from SpaceX.