A T & T US

T-N

NYSE:T

30.86
0.20 (0.64%)
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas.
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Analysis and Opinions about T-N

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Opinion
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COMMENT
COMMENT
May 12, 2020

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.

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A T & T US (T-N)
May 12, 2020

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.

PAST TOP PICK
PAST TOP PICK
January 13, 2020
(A Top Pick Jan 08/19, Up 32%) This was a catch up story and it had an attractive dividend. It is still attractive for those that don't want to buy bonds or preferred shares.
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A T & T US (T-N)
January 13, 2020
(A Top Pick Jan 08/19, Up 32%) This was a catch up story and it had an attractive dividend. It is still attractive for those that don't want to buy bonds or preferred shares.
DON'T BUY
DON'T BUY
January 6, 2020
He is not in a hurry to buy yet because the share price has performed well over the last year, yet the dividend is only just in line with peers and the space is set to get very competitive. Compared to Canadian telecoms you also have the currency risk and no dividend tax credit.
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A T & T US (T-N)
January 6, 2020
He is not in a hurry to buy yet because the share price has performed well over the last year, yet the dividend is only just in line with peers and the space is set to get very competitive. Compared to Canadian telecoms you also have the currency risk and no dividend tax credit.
WAIT
WAIT
December 16, 2019
Sit tight. Used to be very cheap, but then they made many acquisitions to be more competitive with their media peers. Debt shot up. The valuation has languished. Then an activist pressured management to allocate capital better. Wait as this plays out longer. It's still inexpensive.
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A T & T US (T-N)
December 16, 2019
Sit tight. Used to be very cheap, but then they made many acquisitions to be more competitive with their media peers. Debt shot up. The valuation has languished. Then an activist pressured management to allocate capital better. Wait as this plays out longer. It's still inexpensive.
HOLD
HOLD
November 28, 2019
One of two big operators. We're all using more and more wireless, so this is worth a bit. They've diversified. Not a strong position in streaming. Unclear where they're going. Fair bit of debt. Prefers Verizon. Doesn't see any problems for the next few years, so will probably continue to grow. Solid yield of 5.5%. (Analysts’ price target is $39.13)
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A T & T US (T-N)
November 28, 2019
One of two big operators. We're all using more and more wireless, so this is worth a bit. They've diversified. Not a strong position in streaming. Unclear where they're going. Fair bit of debt. Prefers Verizon. Doesn't see any problems for the next few years, so will probably continue to grow. Solid yield of 5.5%. (Analysts’ price target is $39.13)
BUY
BUY
October 30, 2019
He likes the sector and likes AT&T longer term. It's not recession-proof though, but could hold its own against its peers. It pays over a 5% yield, far better than a 10-year U.S. treasury bond.
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A T & T US (T-N)
October 30, 2019
He likes the sector and likes AT&T longer term. It's not recession-proof though, but could hold its own against its peers. It pays over a 5% yield, far better than a 10-year U.S. treasury bond.
DON'T BUY
DON'T BUY
October 28, 2019
In a competitive space with little growth in the US and Canada. Also, there's a lot of capex by all telcos to launch 5G, a lot of investment money. Not interested in this. Rather would buy Teleperformance (TEP) which provides outsourced call centres.
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A T & T US (T-N)
October 28, 2019
In a competitive space with little growth in the US and Canada. Also, there's a lot of capex by all telcos to launch 5G, a lot of investment money. Not interested in this. Rather would buy Teleperformance (TEP) which provides outsourced call centres.
COMMENT
COMMENT
October 16, 2019
A big holding of his. Stable business with wireless, though Time-Warner business could be hit by cyclicality (ad revenues would take a hit). There are concerns over their debt. They have a plan to aggressively pay it down; they refinanced debt into the future. Not so excited buying ATT now; an activist is now involved.
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A T & T US (T-N)
October 16, 2019
A big holding of his. Stable business with wireless, though Time-Warner business could be hit by cyclicality (ad revenues would take a hit). There are concerns over their debt. They have a plan to aggressively pay it down; they refinanced debt into the future. Not so excited buying ATT now; an activist is now involved.
PAST TOP PICK
PAST TOP PICK
August 9, 2019
(A Top Pick Jun 21/19, Up 8%) He's not worried at all about pressures on wiring pricing in the States, and in fact expects more rational pricing to come with only three big players.
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A T & T US (T-N)
August 9, 2019
(A Top Pick Jun 21/19, Up 8%) He's not worried at all about pressures on wiring pricing in the States, and in fact expects more rational pricing to come with only three big players.
COMMENT
COMMENT
July 22, 2019
You need a long-term outlook here. It will profit from the 5G deployment that will take 2-4 years and a sizable investment. The semis who supply the 5G will do well, but companies like T-N are the ones investing a lot of money, so they won't see a return for 3-5 years.
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A T & T US (T-N)
July 22, 2019
You need a long-term outlook here. It will profit from the 5G deployment that will take 2-4 years and a sizable investment. The semis who supply the 5G will do well, but companies like T-N are the ones investing a lot of money, so they won't see a return for 3-5 years.
DON'T BUY
DON'T BUY
June 24, 2019
It is a defensive stock. They are spread out all over the place and they have a flat growth rate. You are buying it for the dividend. It is not worth holding it in a non-registered account. Canadian telecoms are actually still growing.
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A T & T US (T-N)
June 24, 2019
It is a defensive stock. They are spread out all over the place and they have a flat growth rate. You are buying it for the dividend. It is not worth holding it in a non-registered account. Canadian telecoms are actually still growing.
TOP PICK
TOP PICK
June 21, 2019
They bought Time-Warner in a huge deal, so the big knock against them is taking on debt to do that. Also, can they blend TW successfully? Another knock is not growing their wireless subscribers; it's been slow and uneven. That said, ATT still generates a lot of free cash flow. Their priority is to pay down that debt, which will bring economic value to shareholders. It's simple math. Expect a 10% return + huge dividend of 6%. (Analysts’ price target is $34.28)
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A T & T US (T-N)
June 21, 2019
They bought Time-Warner in a huge deal, so the big knock against them is taking on debt to do that. Also, can they blend TW successfully? Another knock is not growing their wireless subscribers; it's been slow and uneven. That said, ATT still generates a lot of free cash flow. Their priority is to pay down that debt, which will bring economic value to shareholders. It's simple math. Expect a 10% return + huge dividend of 6%. (Analysts’ price target is $34.28)
DON'T BUY
DON'T BUY
June 17, 2019
He owns Verizon instead where he'd rather be when 5G falls into place. Verizon is focussed on 5G. AT&T is not ready because they are distracted by merger talks. Switch to Verizon if you hold AT&T.
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A T & T US (T-N)
June 17, 2019
He owns Verizon instead where he'd rather be when 5G falls into place. Verizon is focussed on 5G. AT&T is not ready because they are distracted by merger talks. Switch to Verizon if you hold AT&T.
COMMENT
COMMENT
May 30, 2019
They own direct TV and just bought Time Warner. They are now in the content business. It has a fine dividend yield. It is watered down in terms of what it gives you as an investor.
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A T & T US (T-N)
May 30, 2019
They own direct TV and just bought Time Warner. They are now in the content business. It has a fine dividend yield. It is watered down in terms of what it gives you as an investor.
TOP PICK
TOP PICK
May 23, 2019
They are under the same threat as the others but they can pick content. They made an acquisition for content. 6% yield. (Analysts’ price target is $34.31)
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A T & T US (T-N)
May 23, 2019
They are under the same threat as the others but they can pick content. They made an acquisition for content. 6% yield. (Analysts’ price target is $34.31)
BUY
BUY
May 15, 2019
Likes the chart for establishing a series of higher lows. He expects it to test $33.
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A T & T US (T-N)
May 15, 2019
Likes the chart for establishing a series of higher lows. He expects it to test $33.
BUY
BUY
April 25, 2019
He swapped Verizon out and bought ATT recently because last year Verizon was up 12% and ATT down 16%. ATT though is a good business and pays an attractive dividend of 6.8%, which is a rare, but safe level for a telco. A good, long-term story.
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A T & T US (T-N)
April 25, 2019
He swapped Verizon out and bought ATT recently because last year Verizon was up 12% and ATT down 16%. ATT though is a good business and pays an attractive dividend of 6.8%, which is a rare, but safe level for a telco. A good, long-term story.
WEAK BUY
WEAK BUY
April 8, 2019
He is contemplating buying more. VZ-N is the market leader with less debt. With 5 G coming at us it will be the highest spend the industry has ever made. VZ-N is the quality stock but T-N made a big acquisition in Comcast. You could buy it for the dividend.
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A T & T US (T-N)
April 8, 2019
He is contemplating buying more. VZ-N is the market leader with less debt. With 5 G coming at us it will be the highest spend the industry has ever made. VZ-N is the quality stock but T-N made a big acquisition in Comcast. You could buy it for the dividend.
DON'T BUY
DON'T BUY
March 6, 2019
Owns Verizon instead who are building out the 5G network whereas AT&T is more into media after buying Time-Warner. He sold when AT&T bought more media.
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A T & T US (T-N)
March 6, 2019
Owns Verizon instead who are building out the 5G network whereas AT&T is more into media after buying Time-Warner. He sold when AT&T bought more media.
DON'T BUY
DON'T BUY
February 6, 2019
It's no a phone company anymore. They bought Direct TV to get into the media business, which demands a lot of investment. ATT isn't the best competitor in this space.
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A T & T US (T-N)
February 6, 2019
It's no a phone company anymore. They bought Direct TV to get into the media business, which demands a lot of investment. ATT isn't the best competitor in this space.
DON'T BUY
DON'T BUY
January 25, 2019
He hasn't studied this in a while. The US telcos don't tempt him. They've acquired a lot of entertainment platforms, then paid them off. Bad balance sheet. He prefers Canadian telcos like Rogers who have de-levered a lot. Don't buy a stock only for its dividend.
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A T & T US (T-N)
January 25, 2019
He hasn't studied this in a while. The US telcos don't tempt him. They've acquired a lot of entertainment platforms, then paid them off. Bad balance sheet. He prefers Canadian telcos like Rogers who have de-levered a lot. Don't buy a stock only for its dividend.
DON'T BUY
DON'T BUY
January 23, 2019
vs. AT&T AT&T's 6.6% yield is safe, but the stock is dropping. He prefers Verizon with a stronger stock price though 4.2% yield.
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A T & T US (T-N)
January 23, 2019
vs. AT&T AT&T's 6.6% yield is safe, but the stock is dropping. He prefers Verizon with a stronger stock price though 4.2% yield.
BUY
BUY
January 22, 2019
He likes telecoms because of 5G and data-heavy applications. Data traffic will be enormous; people are consuming more and more data, huge amounts already. This will only grow. Only the huge telcos can support this traffic.
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A T & T US (T-N)
January 22, 2019
He likes telecoms because of 5G and data-heavy applications. Data traffic will be enormous; people are consuming more and more data, huge amounts already. This will only grow. Only the huge telcos can support this traffic.
DON'T BUY
DON'T BUY
January 10, 2019
A base has not formed yet. It has a pretty significant downtrend. It will have a lot of resistance between $32-33 and until it chews threw that you will probably not get a base.
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A T & T US (T-N)
January 10, 2019
A base has not formed yet. It has a pretty significant downtrend. It will have a lot of resistance between $32-33 and until it chews threw that you will probably not get a base.
TOP PICK
TOP PICK
January 8, 2019
Pays nearly a 7% yield. There's earnings upside; he sees a sector rotation where most telecos have sold off and are buying companies like this. (Analysts’ price target is $34.96)
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A T & T US (T-N)
January 8, 2019
Pays nearly a 7% yield. There's earnings upside; he sees a sector rotation where most telecos have sold off and are buying companies like this. (Analysts’ price target is $34.96)
BUY
BUY
December 27, 2018
Sees only modest growth in the dividend. He likes it. Offers a stable stream of income. There'll be less competition in wireless in the U.S. with the Sprint-T-Mobile merger. Trump pushing for U.S. companies ignoring Huawei in business: he sees Trump making noise, and the deals he ultimately signs aren't as tough on opponents as he had promised.
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A T & T US (T-N)
December 27, 2018
Sees only modest growth in the dividend. He likes it. Offers a stable stream of income. There'll be less competition in wireless in the U.S. with the Sprint-T-Mobile merger. Trump pushing for U.S. companies ignoring Huawei in business: he sees Trump making noise, and the deals he ultimately signs aren't as tough on opponents as he had promised.
DON'T BUY
DON'T BUY
December 10, 2018
T-N vs. BCE-T. In a non-registered accounts should have BCE-T. He prefers it even in a registered account right now. T-N is a conglomerate of different businesses and hard to understand. BCE-T is growing faster.
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A T & T US (T-N)
December 10, 2018
T-N vs. BCE-T. In a non-registered accounts should have BCE-T. He prefers it even in a registered account right now. T-N is a conglomerate of different businesses and hard to understand. BCE-T is growing faster.
SELL
SELL
November 20, 2018
He'd read a negative report about ATT. Their debt puts them in some danger. Look at Verizon or T-Mobile or Vodafone instead, because they are less levered.
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A T & T US (T-N)
November 20, 2018
He'd read a negative report about ATT. Their debt puts them in some danger. Look at Verizon or T-Mobile or Vodafone instead, because they are less levered.
DON'T BUY
DON'T BUY
November 13, 2018
Doesn't have traction. They bought DirectTV and just bought Time Warner to get into the streaming business, but are facing big competition from Netflix. Telephone makes up 60% of ATT's business. Wireline is not as profitable as some expected.
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A T & T US (T-N)
November 13, 2018
Doesn't have traction. They bought DirectTV and just bought Time Warner to get into the streaming business, but are facing big competition from Netflix. Telephone makes up 60% of ATT's business. Wireline is not as profitable as some expected.
HOLD
HOLD
October 25, 2018

Earnings got hit hard because of direct TV subscriptions going down. It will probably settle down. It is starting to form a base after coming down quite a bit. This is not the time of year to be in something like this. He does not see this stock performing extremely well over the next year.

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A T & T US (T-N)
October 25, 2018

Earnings got hit hard because of direct TV subscriptions going down. It will probably settle down. It is starting to form a base after coming down quite a bit. This is not the time of year to be in something like this. He does not see this stock performing extremely well over the next year.

BUY
BUY
October 23, 2018

He likes it but likes Verizon (VZ-N) better as they moved to 5G and he sees this technology as the future for everything we do in life.

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A T & T US (T-N)
October 23, 2018

He likes it but likes Verizon (VZ-N) better as they moved to 5G and he sees this technology as the future for everything we do in life.

BUY
BUY
October 18, 2018

Great fat income. 5G means massive capital investments. This company has too much debt and is a secondary player in the industry. Nice dividend.

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A T & T US (T-N)
October 18, 2018

Great fat income. 5G means massive capital investments. This company has too much debt and is a secondary player in the industry. Nice dividend.

COMMENT
COMMENT
October 3, 2018

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP? Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose.

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A T & T US (T-N)
October 3, 2018

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP? Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose.

BUY WEAKNESS
BUY WEAKNESS
October 2, 2018

Buy in the low-$30s and hope it pops up to the low-$40s, and collect the 5.9% dividend.

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A T & T US (T-N)
October 2, 2018

Buy in the low-$30s and hope it pops up to the low-$40s, and collect the 5.9% dividend.

DON'T BUY
DON'T BUY
September 26, 2018

This isn't a chart he would own, though it pays a 6% dividend. Since late-2016 it's been in a classic downtrend channel, meaning it keeps falling.

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A T & T US (T-N)
September 26, 2018

This isn't a chart he would own, though it pays a 6% dividend. Since late-2016 it's been in a classic downtrend channel, meaning it keeps falling.

COMMENT
COMMENT
September 12, 2018

BCE vs. ATT. Stock performance has been similar over last year. Comes down to the wireless space. For ATT, it’s the only thing they do, whereas with BCE it’s only one thing they do. In Canada, there’s more runway for wireless growth. He’d go with BCE, good dividend and cash flow. It’s a little early to own high dividend names, but once interest rates start falling, these names will look interesting.

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A T & T US (T-N)
September 12, 2018

BCE vs. ATT. Stock performance has been similar over last year. Comes down to the wireless space. For ATT, it’s the only thing they do, whereas with BCE it’s only one thing they do. In Canada, there’s more runway for wireless growth. He’d go with BCE, good dividend and cash flow. It’s a little early to own high dividend names, but once interest rates start falling, these names will look interesting.

DON'T BUY
DON'T BUY
September 10, 2018

The sector has been out of favour. People want faster growth. There is pricing pressure on the wireless side and people cutting phone lines. They are operating in an old world. There will be winners and losers in the industry. Their dividend has not been growing quickly.

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A T & T US (T-N)
September 10, 2018

The sector has been out of favour. People want faster growth. There is pricing pressure on the wireless side and people cutting phone lines. They are operating in an old world. There will be winners and losers in the industry. Their dividend has not been growing quickly.

COMMENT
COMMENT
August 29, 2018

Pays a good dividend, which is the only reason to buy it. Telcos are in a neverending buying cycle, while investors buy them for yield. It's tough for them to grow. In a registered plan, it's better to buy a Canadian telco than AT&T, given the tax advantage.

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A T & T US (T-N)
August 29, 2018

Pays a good dividend, which is the only reason to buy it. Telcos are in a neverending buying cycle, while investors buy them for yield. It's tough for them to grow. In a registered plan, it's better to buy a Canadian telco than AT&T, given the tax advantage.

COMMENT
COMMENT
July 4, 2018

A better time to own telecoms are in a slowdown; we're now in the late cycle. But some investors like dividends and this is good for that. This stock has moved sideways though, below its 200-day moving average. This sector is
very mature so competition is intense and may pressure their bottom line.

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A T & T US (T-N)
July 4, 2018

A better time to own telecoms are in a slowdown; we're now in the late cycle. But some investors like dividends and this is good for that. This stock has moved sideways though, below its 200-day moving average. This sector is
very mature so competition is intense and may pressure their bottom line.

BUY
BUY
June 14, 2018

He doesn’t know how they are going to finance the acquisition. Not likely see a dividend cut. AT&T and Verizon are the 2 wireless leaders in the US. Should be good long term investments but growth has really slowed down in this industry. Prefers Verizon over AT&T. They are good solid steady investments, but are not going to make big capital appreciation.

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A T & T US (T-N)
June 14, 2018

He doesn’t know how they are going to finance the acquisition. Not likely see a dividend cut. AT&T and Verizon are the 2 wireless leaders in the US. Should be good long term investments but growth has really slowed down in this industry. Prefers Verizon over AT&T. They are good solid steady investments, but are not going to make big capital appreciation.