Is High-Yield Verizon a Stock a Buy Despite SpaceX Worries?

Verizon Communications (NYSE: VZ) once again demonstrated that its customer-focused strategy shift is working by reporting its Q3 results. However, investors remain wary of the wireless space, as Space Exploration Technologies (NASDAQ: SPCX) appears poised to enter the market. With Verizon showing strong momentum but its stock down because of this potential threat, now could be a great time to buy this top telecom stock. Image source: The Motley Fool.

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