YTD Performance: +17%
Wireless access is increasingly becoming an American staple, and Dow component Verizon (VZ) is leading the revolution.
The company has a huge 4G LTE network — larger than rival AT&T (T) — in addition to offering high-speed Internet. Plus, it boasts higher subscriber growth and average revenue per account than its competitor, which has helped it to nine straight quarters of revenue growth … and impressive stock gains.
Although most telecoms don’t offer much in the way of growth, VZ is currently outpacing the broader market year-to-date with a 17% climb. That blows away AT&T’s 5% improvement.
Oh, and VZ rewards shareholders with a dividend yield north of 4% that the company has consistently improved for years.