Verizon And AT&T: The Toxic Lead Cables

How low can deep value stocks go? If you own AT&T Inc (T) and/or Verizon Communications
VZ
(VZ), you’re no doubt (and quite understandably) asking that question.

A week ahead of its July 25 Q2 results and guidance call, Verizon sells for less than 7 times expected next 12 months earnings. AT&T shares are even cheaper at 5.6 times, in advance of releasing its numbers on July 26.