
NYSE:T
This summary was created by AI, based on 3 opinions in the last 12 months.
AT&T's stock is facing challenges, having fallen below its 200-day moving average, which is also on a downward trend. While there is potential for recovery from a longer-term downtrend, the stock could be worth considering for investment if it maintains above the recent lows of $23. Experts see a constructive outlook if the stock surpasses the highs near $26.50, indicating a potential rebound. However, rising interest rates might pose a challenge due to the company’s debt load, and some experts suggest looking into pipeline stocks for better inflation protection. With a yield of 4.4%, AT&T appears attractive but lacks growth prospects, making it a questionable investment choice for some.
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.