Verizon and AT&T Gain Favor as Defensive Investments

Verizon has announced a three-year price lock guarantee for its myPlan and myHome network plans, aiming to provide consistency amid economic uncertainty and potential tariff impacts. However, this guarantee only applies to the base plan rate, excluding taxes, fees, and additional charges, which may still increase over time. Despite these limitations, Verizon is offering free phones with trade-ins of certain Apple, Google, or Samsung devices, appealing to consumers looking to upgrade. As investors turn to telecommunications as a defensive strategy against market volatility, both Verizon and AT&T are experiencing renewed interest due to their stable revenue streams and dividends. Meanwhile, Jim Cramer expressed optimism that President Trump might adopt a more lenient tariff approach, potentially benefiting major American companies like Verizon. Overall, the telecommunications sector is attracting attention as consumers prioritize reliability in uncertain times.