
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.
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.