Since it currently trades at around 11 times earnings, Verizon (NYSE: VZ) stands out as the type of value stock that appeals to the famously value-oriented Warren Buffett. And it is a big Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holding. Some other market-watchers might take the view that it’s cheap for a reason, considering the company’s long stretch of tepid profit and stock price growth.