
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.
Telco sector has lagged from the March lows. More of a value and dividend play. Yield now is 7.8%, and is that sustainable? He owns Verizon.
T vs. VZ Dividend stocks are much more valuable in low interest rate environments. He'd go with Verizon. Do you want to just go for the very high dividend? This could be a red flag. Could be at risk, and wiped out with capital loss on the stock side.
The dividend jumps out, currently 7%, which is attractive, though keep in mind this is a US stock, so Canadians will be taxed on part of this. ATT will protect that dividend. ATT is known as a consistent cash generator. He's less thrilled with the business though--the competition from streamers from Netflix et al is extreme and they're losing. So, the stock could deteriorate while the dividend stays at 7%. He's neutral about ATT.