Verizon Communications Inc. (NYSE:VZ) is one of the most undervalued NYSE stocks to buy now. In response to the severe flash floods that struck Central Texas on July 4, Verizon pledged support for affected customers. The company is donating $100,000 to Texas Search and Rescue/TEXSAR, which is a volunteer-based first responder organization dedicated to rescue and recovery operations across the state.
Verizon is also offering direct relief to its customers in the hardest-hit areas. From July 7 to August 3, the company will waive domestic call, text, and data usage charges for consumer prepaid, postpaid, and small business customers with 50 lines or fewer, located in 95 zip codes across 28 affected Central Texas counties.
A smiling customer receiving customer contact center solutions on their smartphone.
The waiver extends to users of Verizon’s prepaid brands. Customers in impacted areas will receive this relief without needing to take any action. Verizon’s commitment also extends to providing technological support for emergency responders.
Verizon Communications Inc. (NYSE:VZ) provides communications, technology, information, and entertainment products & services to consumers, businesses, and governmental entities worldwide.
While we acknowledge the potential of VZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.