Verizon's Outage Won't Deter This Investor: Why I Bought the Stock Anyway.

Verizon's recent outage affecting over 1 million customers has caused concern for investors. However, the company's long-term growth prospects remain intact, including improving free cash flow, growth from 6G wireless networks, and a potentially transformative deal with Frontier Communications. Verizon's dividend remains highly attractive with a forward yield of over 7%. The outage's impact is expected to be temporary, and the stock's valuation has become more attractive with a forward P/E ratio of 8.1.