If You'd Invested $10,000 in Verizon Communications 10 Years Ago, Here's How Much You'd Have Today

Bear with me for a second; I'd like to start this overview with a quick history lesson.Verizon Communications (NYSE: VZ) was a hot tamale in 2015. The telecom giant was on a hot streak in the early days of the smartphone era. If you had invested $10,000 in Verizon stock near the end of 2005, activated the dividend reinvestment program (DRIP), and left it alone for the next 10 years, you'd have a market-beating $27,400 in your pocket.But the smartphone frenzy slowed down over the years, though Apple (NASDAQ: AAPL) managed to build one of the world's largest market caps around the iPhone.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool