
NYSE:T
This summary was created by AI, based on 2 opinions in the last 12 months.
AT&T (T-N) is currently viewed as a company trying to navigate out of a prolonged downtrend, with some analysts expressing cautious optimism about its recent uptrend. One expert suggests the possibility of gradually investing, provided that the stock does not breach its January lows of $23. They also see a constructive outlook if the stock surpasses the highs around $26.50. However, concerns persist regarding the impact of rising interest rates on AT&T's considerable debt burden. Despite having an appealing yield of 4.4%, the company is criticized for its lack of substantial growth potential, and the prevailing sentiment is marked by a degree of skepticism about its long-term prospects in the face of market pressures. Overall, while it may be perceived as cheap, the growth aspects remain a significant consideration for potential investors.
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.