Better Buy: Verizon Communications vs. Coca-Cola

Verizon (NYSE: VZ) and Coca-Cola (NYSE: KO) are both generally considered stable dividend stocks. Verizon's core wireless business, which generates most of its revenue, struggled with sluggish sales of smartphones and fierce competition from rival carriers last year. Verizon faced similar challenges in the first half of 2020, but the COVID-19 crisis exacerbated that pain by shutting down retailers and throttling the growth of its smaller Verizon Media advertising business, which mainly houses the remnants of AOL and Yahoo's internet assets.