AT&T (T-N)

Long-term outlook is hard to say. Stock's doing well by putting 2 satellite companies together, thereby creating value. He owns a bit. Big run in a short time.

Seeing resilience in the stock price right now. Fundamentals are hard to determine. Lots of mistakes in company management in the past. Pricing power not great. Could be a good dividend investment, but hard to justify when compared to other options in the markets. Overall, would not recommend investing. 

The wireline business is more difficult to build out and AT&T has a big presence in that area in the U.S He prefers Canada over the U.S. which is more competitive. He prefers BCE which already has a large wireline footprint and can bundle it with wireless. BCE raised its dividend by 3% a while ago and he has concerns over the payout ratio being more than 100%. However he thinks the dividend is sustainable.

Invests a lot in R&D, but doesn't get a lot for it. That's been the case for almost a decade. No reason for it to stop going down. Dividend of 6.9% is a lure that you should resist.

Yield is around 6.5%, typically lower beta. Were having a rough time, but recently moved above the 200-day MA. A lot of this is due to stabilizing interest rates.

Improved since fall 2023. 6.5% dividend yield, attractive, pretty secure. Price broke above 200-day MA. With yields falling, dividend stocks are more appealing. Seems to have bottomed, as long as rates stay stable or continue to fall. Total return, though, is not tremendous. Cheap, but only 2% earnings growth expected, and he likes double-digits.

Recovering somewhat as interest rates have come down. Great yield, about 6.7%, should remain stable going forward. Not a lot of growth, it'll be flat. Cashflow is strong.

Recent troubles with dividend has lost confidence from investors. Probably not at bottom. Very competitive business with lots of competition from other carries. Would not recommend investing.  

This and Verizon have been hit hard from the anti-dividend stock trend, but also have huge upside if interest rates decline. Are not undervalued and, yes, carry a lot of debt. Yes, there are cable-cutters, but people still watch live sports and that won't vanish.  Is oversold.

Allure is the dividend yield, but stay away. Telcos are in a tough environment. Instead, look at the pipeline space, where you can get an equivalent dividend and better earnings potential. See his Top Picks.

Expecting share prices to fall more.
Would wait for further weakness before investing.
Revenue per share falling.
Outsized dividend not a good sign.