
NYSE:T
This summary was created by AI, based on 2 opinions in the last 12 months.
AT&T (T-N) is currently in the process of attempting to recover from a prolonged downtrend, with experts noting the potential for an uptrend. Some analysts suggest it may be time to start buying shares, provided the stock does not drop below its January lows around $23. A break above the $26.50 mark could signal a good opportunity for further investment. However, rising interest rates could pose challenges due to the company’s substantial debt load, which has prompted some experts to consider alternative investments such as pipeline stocks for better inflation protection. The current yield stands at 4.4%, and while it seems inexpensive, its future growth potential is questioned by some analysts.
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.