I will not buy Verizon Wireless stock because it does not seem to be a good investment. Although its stock is selling at a high 30.41 in comparison to AT&T's 26.24, its yearly low is 28.31. As a phone company it is reported that "Verizon Wireless 4G LTE network is being built to ultimately have the broadest geographic coverage and to leverage the deepest spectrum capabilities." Although this seems as it would boost Verizon, most people do not care about a 4G network when shopping for a service. Thus, it does not offer hope of a rise in stock price. Personally, as a user of Verizon Wireless service, i would not buy Verizon stocks because despite the good service, most of the phones are undesirable.

Citation:
Ridge, Basking. "Verizon Wireless Focuses on Efforts to Ensure That Its LTE Network Will Be the Largest 4G Network in the Nation." http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PR&Date=20100319&ID=11288571&Symbol=VZ.


Rebecca Kern