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NYSE:T
This summary was created by AI, based on 3 opinions in the last 12 months.
AT&T, represented by the symbol T-N, is currently experiencing a challenging phase in the market, as highlighted by several experts. The stock has fallen below its 200-day moving average, indicating a deeper struggle within its long-term downtrend. However, there are signs of potential improvement, as one expert sees opportunities for gradual investment if the stock does not drop below its January lows of $23. A decisive break above the highs around $26.50 could present a more favorable outlook, encouraging further investment. The company is currently offering a yield of 4.4%, but the rising interest rates might create additional hurdles due to AT&T's debt. While it may appear undervalued, experts caution that its lack of growth could limit any substantial upside in the near future.
They cut the dividend recently and announced a material transaction where they spin off their streaming assets to pay down debt. Don't ever, ever buy a stock for its dividend. You need to focus on the debt and the future of the business. He is not keen on this company. The best way to own 5G is to own AAPL-Q.
Reports Thursday. Likes it as a ballast in his portfolio. Their 5G spending is moderating. Has been unloved for a while, but they will beat earnings this year.